Liberty Shoes, one of the leading footwear companies, jumped on Monday after it posted strong Q4 earnings. The company posted a sharp rise in standalone net profit for the quarter ended March 2014.  During the quarter, the profit of the company rose 4.39 times to Rs 42.74 million from Rs 9.73 million in the same quarter previous year.

Net sales for the quarter rose 34.47% to Rs 1,424 million, compared with Rs 1,059 million for the prior year period.

Shares of the company are trading at Rs 185.85, up Rs 21.9, or 13.36% at the Bombay Stock Exchange (BSE) on Monday at 11:16 a.m.

The scrip has touched an intra-day high of Rs 191.65 and low of Rs 172.90. The total volume of shares traded at the BSE is 256,786.

In the earlier session, the shares gained 2.18%, or Rs 3.5, at Rs 163.95. Currently, the stock is trading all time 52-week high, which is above 174.12% over the 52-week low of Rs 67.80.