Honda Siel Power Products said on Monday that the company has closed one of its manufacturing unit at Puducherry.

The stock had outperformed the market over the past one month till Feb. 28, 2014, rising 9% compared with the Sensex's 2.96% rise.

It outperformed the market in past one quarter, gaining 10.08% as against 1.58% rise in the Sensex.

Shares of the company gained Rs 0.2, or 0.05%, to trade at Rs 438. The total volume of shares traded was 311 at the BSE (12.11 p.m., Monday).