New Delhi, Nov. 9 -- Speciality chemicals manufacturer Chemplast Sanmar saw its shares surge 11.44% to Rs.237 apiece in Monday's trade, accompanied by a sharp uptick in trading volumes, with 16.5 million shares changing hands across the BSE and NSE.

The stock has been on an upward trajectory in recent sessions, as investors appeared to cheer the company's better-than-expected performance in the September quarter, pushing it to its highest level since May.

The company on Wednesday, reported a 28% year-on-year increase in consolidated revenue to Rs.1,323 crore in the September quarter of FY27, compared with Rs.1,033 crore in the corresponding quarter last year. Revenue also increased 17.6% sequentially from Rs.1,125 crore in Q1 FY27.

The...