CCL Products, engaged in the manufacture of different types of coffee, witnessed a sharp rise in share price on Wednesday after it has disclosed a sharp rise in standalone net profit for the quarter ended September 2014.  During the quarter, the profit of the company rose 56.88% to Rs 261.35 million from Rs 166.59 million  in the same quarter last year.

Net sales for the quarter surged 48.86% to Rs 2,472.43 million, compared with Rs 1,661 million for the prior year period.

Shares of the comapny are trading at Rs 134.70, up Rs 8.5, or 6.74% at the Bombay Stock Exchange (BSE) on Wednesday at 11:33 a.m.

The scrip has touched an intra-day high of Rs 140.50 and low of Rs 132.95. The total volume of shares traded at the BSE is 704,853.