Share market rose courtesy Google, with 11% Friday, reaching $600 for the first time in the last nine months.

The search firm has reported a solid quarterly earnings that impressed investors.

Google's (GOOG, Fortune 500) stock grew $59.07 to $600 a share in midday trading, and dipping a bit further below and was reported to be the highest valued stock since January.

Late Thursday, Google reported a third-quarter profit that grew by 32% on the back of stronger search ad fees from advertisers. Analysts stated that the firm share prices were supported by subsidiary units like YouTube, display advertising and mobile.

Google defied investors and analysts who are shaking to believe that Google might not come up with a new mode of revenue besides search advertisements. The firm reveals how the latest multi-billion dollar businesses. 0:00 /03:17Brin: Google search has grown in a much better manner.

The mobile platform, Android operating system speaks of 17.7% of the global mobile device market by year's end, according to a Gartner forecast.

Google adds that the mobile advertising business has reported sales of nearly $1 billion on an annualized basis. Display advertising, rather than textual ads, offers a business of $2.5 billion business annually.