Meanwhile, the BSE Sensex was down 56.04 points, or 0.30%, to 18,372.57.

On BSE, 92.09 lakh shares were traded in the counter as against an average daily volume of 45.26 lakh shares in the past one quarter.

The stock hit a high of Rs 24.05 and a low of Rs 20.50 so far during the day. The stock had hit a 52-week low of Rs 8.50 on 19 December 2011. The stock had hit a 52-week high of Rs 45.10 on 7 April 2011.

The stock had outperformed the market over the past one month until 21 February 2012, spurting 56.96% compared with the Sensex's 10.09% rise. The scrip had also outperformed the market in past one quarter, soaring 93.80% as against 15.57% rise in the Sensex.

The mid-cap infrastructure company has an equity capital of Rs 240.78 crore. Face value per share is Re 1.

Lanco Infratech's consolidated net profit fell 62.9% to Rs 60.92 crore on 95.2% increase in net sales to Rs 3017.19 crore in Q3 December 2011 over Q3 December 2010.

Lanco Infratech operates in the domains of engineering, procurement and construction (EPC), power, solar, natural resources and infrastructure.

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