Chennai Petroleum Corporation (CPCL) witnessed a rise in share price on Tuesday after it disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 81.04% to Rs 9,235.10 million from Rs 5,101.10 million  in the same quarter last year.

Revenues for the quarter declined 30.30% to Rs 90,534.30 million, compared with Rs 129,894.40 million for the prior year period.

Shares of the company are trading at Rs 214.45, up Rs 9.45, or 4.61% at the Bombay Stock Exchange (BSE) on Tuesday at 9:47 a.m.

Total volume of shares traded on the bourses today was higher by 13,723.25% to 3,683,876 compared with 22-day average volume of 26,650.