Honeywell Automation India surged 8.14% to Rs 970 after the company reported 58.20% spurt in net profit to Rs 28.95 crore on 4.89% rise in net sales to Rs 238.21 crore in Q3 September 2008 over Q3 September 2007.
The results were announced after market hours on Tuesday, 14 October 2008.
Meanwhile, the BSE Sensex was down 384.25 points, or 3.33%, to 11,102.95.
On BSE, 1947 shares were traded in the counter. The stock hit a high of Rs 1001 and a low of Rs 910 so far during the day.
Honeywell Automation India's interest cost decreased 48.57% to Rs 0.36 crore while depreciation cost fell 26.67% to Rs 1.54 crore in Q3 September 2008 over Q3 September 2007.
Honeywell Automation India provides integrated automation and software solutions for improving productivity and comfort as well as for ensuring the safety and security of homes and business premises.
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