Nucleus Software Exports, a provider of integrated software products for banks and financial institutions, jumped on Monday after it posted a sharp rise in consolidated net profit for the quarter ended December 2013.

During the quarter, the profit of the company rose 89.70% to Rs 233.90 million from Rs 123.30 million in the same quarter last year.

Net sales for the quarter rose 20.54% to Rs 899.61 million, compared with Rs 746 million for the prior year period.

Shares of the company are trading at Rs 158.20, up Rs 22.75, or 16.80% at the Bombay Stock Exchange (BSE) on Monday at 1:19 p.m.

The scrip has touched an intra-day high of Rs 160.60 and low of Rs 140.20. The total volume of shares traded at the BSE is 252,960.

In the earlier session, the shares lost 1.95%, or Rs 2.7, at Rs 135.45. Currently, the stock is trading all time 52-week high, which is above 142.45% over the 52-week low of Rs 65.25.