Aksh Optifibre plunged up by 3.66% to Rs 24.10 at on BSE following the company's panel consent on hoisting up to $333 million in domestic or international market for development.

The company declared this statement on Saturday, 18 September 2010. In the meantime, the BSE Sensex was up by 54.73 points or 0.28% at 19,649.48.

On BSE, 9.71 lakh shares were operated in the counter as next to an average every day volume of 3.35 lakhs shares in the earlier period one quarter. The stock strikes an elevated of Rs 24.20 and a low down of Rs 23.50 so far throughout the day. The stock had strike a 52-week elevation of Rs 28.60 on 1 April 2010 and a 52-week low down of Rs 14.85 on 12 March 2010.

The minor-cap stock had outperformed the market above the past one month till 17 September 2010, mounting by 11.78% contrasted with the Sensex's yield of 8.57%. It had underperformed the market in previous one quarter, benefitting by 5.92% as next to by 11.23% ascending in the Sensex.

The group has an equity capital of Rs 68.70 crore and its face value per share is Rs 5.