Meanwhile, the BSE Sensex was up 122.86 points, or 0.43%, to 28,987.57.
On the BSE, so far 164 shares were traded in the counter, compared with average daily volumes of 104 shares in the past one quarter. The stock had hit a high of Rs 5,000 and a low of Rs 4,850 so far during the day.
The stock hit a 52-week high of Rs 5,209 on 14 February 2017. The stock hit a 52-week low of Rs 3,555 on 30 March 2016.
The small-cap company has equity capital of Rs 1.45 crore. Face value per share is Rs 10.
Disa India announced that its parent company that Norican Global A/S, Denmark (the ultimate holding company of Disa india) has entered into an agreement with Auctus Fund lll GmbH & Co. KG to purchase 100% of Auctus's shares in Light Metal Casting Solutions Group (LMCS). LMCS is a group of leading capital equipment manufacturers and service providers for the light metal casting industry, processing aluminium, magnesium and zinc alloys with major operations in Germany, Italy, Poland, China and the US.
Shares of Disa India have risen 3.09% in two sessions from its close of Rs 4,850 on 21 February 2017.
Net profit of Disa India rose 52.6% to Rs 10.68 crore on 56.3% rise in net sales to Rs 81.73 crore in Q3 December 2016 over Q3 December 2015.
Disa India develops and manufactures a complete range of metal casting production solutions for the ferrous and non-ferrous foundry industries.