Torrent Pharmaceuticals, a manufacturer of wide range of pharmaceutical products, witnessed a sharp rise in share price on Tuesday after the company announced a sharp rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 75.39% to Rs 4,490 million from Rs 2,560 million  in the same quarter previous year.

Revenues for the quarter   jumped 74.78% to Rs 19,470 million, compared with Rs 11,140 million for the prior year period.

Shares of the company are trading at Rs 1,479.40, up Rs 82.4, or 5.90% at the Bombay Stock Exchange (BSE) on Tuesday at 9:39 a.m.

The scrip has touched an intra-day high of Rs 1,520 and low of Rs 1,462.50. The total volume of shares traded at the BSE is 55,241.