At around 10:30 am, Responsive Industries shares soared by 18.98 per cent to reach Rs 304.95. Earlier in the day, the company's shares had touched a 52-week high of Rs 307.55 apiece.
Its revenue from operations stood at Rs 166.7 crore in the June quarter of the current financial year, up 8.6% YoY as compared to Rs 153.5 crore in the same quarter of the previous financial year. Meanwhile, its total income stood at Rs 169.8 crore in Q1 FY24 as compared to Rs 158.4 crore in Q1 FY23.
Shares of Responsive Industries rose 7 per cent to Rs 249 on Friday, before giving up its gains partially, commanding a total market capitalization more than Rs 6,400 crore.