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India's Selan Exploration Technology hits record high on Q4 profit jump

** Shares of Selan Exploration Technology SELAN surged as much as 20% to a record high of 726.6 rupees

** The oil and gas co reported a more than two-fold jump in Q4 net profit, while revenue more than doubled

** Stock posts biggest intraday pct gain since Jan. 2023

** Over 1 mln shares traded, 5.1x the 30-day daily avg

** Stock last up ~18%, taking YTD gains to 44% YTD

** Peers Hindustan Oil Exploration Company HINDOILEXP and Oil India OIL are up ~13% and 72.2%, respectively

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