The stock had jumped 9.92% to Rs 36.55 on Thursday, 11 March 2010, after the company made this announcement after market hours on Wednesday, 10 March 2010.
Meanwhile, the BSE Sensex was up 11.64 points, or 0.07% to 17,179.60.
On BSE, 42,588 shares were traded in the counter as against an average daily volume of 1,792 shares in the past one quarter.
The stock hit a high of Rs 40.20 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 36.60 so far during the day. The stock had hit a lifetime low of Rs 6.66 on 2 April 2009.
The stock has risen 13.08% in just two trading sessions from a recent low of Rs 33.25 on 10 March 2010.
The company's equity capital is Rs 4.55 crore. Face value per share is Rs 10.
The current price of Rs 37.60 discounts the company's Q3 December 2009 annualized EPS of Rs 2.56, by a PE multiple of 24.96.
Wintac reported net profit of Rs 0.29 crore in Q3 December 2009 compared to net loss of Rs 0.47 crore in Q3 December 2008. Net sales rose 20.4% to Rs 4.83 crore in Q3 December 2009 over Q3 December 2008.
The company produces a wide range of products in the pharmaceutical, fine chemical and agro chemical segments.