The stock price had dropped to a low at Rs.9.80 on 23rd Dec 2011 and then on 17th Sept, it hit a new high at Rs.49.50. This solvent extraction company, small cap stock hit the limelight after it reported a net profit at Rs 25.6 crore, whopping jump of 22 times on a YoY. Its net sales jumped 47% at Rs.561 crore. The company has stated that its focus on retail market and value added products helped shore numbers and its push on branded soya nuggets and soya flour helped too.

The company has been expanding its range of products under the brand names Sulabh, Narmada and Sanwaiya and in Q3FY13, its rice production facility with a capacity of 200 TPD under execution at Manideep, is expected to go on stream and commence commercial production. The company has invested Rs.14 crore on this project. The company plans to enter salt, basmati rice segments and also introduce new ranges in existing brands of soya nuggets and flour. Promoter holding at end of Q2FY13 was at 70.05%. On an equity of Rs.34.80 crore, the face value Re.1/share, for the quarter posted an EPS of 74 paise  and annualized EPS is at Rs.2.42.