Bharat Petroleum Corporation (BPCL) shares climbed on Wednesday after it announced a sharp rise in standalone net profit for the quarter ended June 2014.  During the quarter, the profit of the company rose 8.09 times to Rs 12,162.60 million from Rs 1,503.20 million in the same quarter last year.

Net sales for the quarter rose 13.71% to Rs 667,902 million, compared with Rs 587,364 million for the prior year period.

Shares of the company are trading at Rs 609, up Rs 17.85, or 3.02% at the Bombay Stock Exchange (BSE) on Wednesday at 9:49 a.m.

The scrip has touched an intra-day high of Rs 611.70 and low of Rs 595. The total volume of shares traded at the BSE is 61,712.