The result was announced after trading hours on Thursday, 20 May 2010.

Meanwhile, the BSE Sensex was down 213.71 points, or 1.29%, to 16,305.97.

On BSE, 7,002 shares were traded in the counter as against an average daily volume of 3286 shares in the past one quarter.

The stock hit a high of Rs 1,651.35 and a low of Rs 1,403.25 so far during the day. The stock had hit a record high of Rs 1985 on 19 May 2010 and a 52-week low of Rs 230 on 14 July 2009.

The stock had outperformed the market over the past one month till 20 May 2010, gaining 11.02% compared with the Sensex's 5.39% decline. It outperformed the market in past one quarter, soaring 71.29% as against 2.03% rise in the Sensex.

The small-cap engineering company has an equity capital of Rs 4.94 crore. Face value per share is Rs 10.

Net profit surged 918.3% to Rs 27.29 crore on 14.7% decline in net sales to Rs 387.22 crore in the year ended March 2010 over the year ended March 2009.

CMI FPE's board has recommended a dividend of Rs 10 per share.