Jubilant Life Sciences shares jumped on Tuesday after the company swung to a profit for the quarter ended March 2014.  During the quarter, the company reported a profit of Rs 207.60 million compared with a loss of Rs 281.80 million in the same quarter previous year.

Net sales for the quarter rose 14.82% to Rs 9,708.50 million, compared with Rs 8,455 million for the prior year period.

Shares of the company are trading at Rs 194.05, up Rs 8, or 4.30% at the Bombay Stock Exchange (BSE) on Tuesday at 11:31 a.m.

The scrip has touched an intra-day high of Rs 197.05 and low of Rs 189.85. The total volume of shares traded at the BSE is 162,030.

In the earlier session, the shares fell 0.4%, or Rs 0.75, at Rs 186.05.

Currently, the stock is trading all time 52-week high, which is above 198.08% over the 52-week low of Rs 65.10.