The stock rallied 7% to Rs 218 after the company reported profit of Rs 12 crore in Q3FY17 against Rs 5 crore in the year ago quarter.
Hikes stake to 2.57% from 1.4%, taking his investment value in the firm to Rs 104 cr
Good performance in the quarter ended March is likely to continue in FY17 as well, say experts
Better profitability, outlook for coffee business positives