With volumes spiking up over 9 times, 3M India is on the go today! The stock is currently up over 12% at Rs.8967.40, with an intra day high at Rs.9040. Its 52-week high stands at Rs.9600 and market cap is at Rs.2530 crore.

The market is very happy with the robust Q4FY15 numbers, especially the operating margins which rose sequentially from 5.02% to 11.91%. Operating profit itself jumped up from Rs.23 crore in Q3 and Rs.34 crore in previous Q4 to Rs.57 crore in Q4FY15. Its FY15 net profit rose over 2.5 times to Rs.108 crore. EPS for the year was at a fantastic Rs.96 v/s Rs.37 in FY14.

The company markets about 7000 products in India. It operates in five operating business segments – (1)Industrial and Transportation business, which  include tapes, which are used in the manufacture, repair and maintenance of automotive, marine, aircraft and specialty vehicles. (2) Health Care business which includes medical and surgical supplies, medical devices, skin and wound care and infection prevention products. (3)Safety and graphics include personal protection products, brand and asset protection solutions, border control products, passive fire protection products. (4)Consumer and Office Business portfolio brands include Scotch-Brite brand, Scotch brand, Post-it and Scotchguard brand. (5) Energy which includes electronic devices, telecom networks and renewable energy.