Shares of Supreme Petrochem hit a record high on higher profit and dividend proposal.

The stock jumped as much as 9.1 per cent to a record high.

March-quarter profit rose nearly 29 per cent to Rs 69.89 crore.

The company has recommended a final dividend of Rs 3.50 per share.

More than 340,000 shares traded, 3.4 times their 30-day moving average.

The stock had more than doubled in value this year up to Wednesday's close.

comment COMMENT NOW