Business Standard

Volume Shocker: Hitachi Home and Life Solutions (India)

A combined 1.99 million shares have changed hands so far, against an average 61,000 shares that were traded daily in past two weeks

Related News

and Life Solutions (India) has soared 17% to Rs 147 on over 30-fold surge in trading volumes.

As many as a combined 1.99 million shares representing almost 29% free-float equity of the consumer electronics maker have changed hands on the counter till early noon deals, against an average 61,000 shares that were traded daily in past two weeks on the NSE and BSE. The stock opened at Rs 130 and hit a high of Rs 148 on the BSE.

According to media reports, Hitachi Home & Life Solutions (India) Ltd (HHLI), a subsidiary of Hitachi Appliance Inc, Japan has increased its market share in the room air-conditioner market to 7.3% in May 2012 from 5.2% in July 2011.

 

Read more on:   
|
|

Read More

Icra places 14 auto component makers under watch

Rating agency Icra today placed 14 auto component manufacturers on "rating watch with developing implications", following lockout at Maruti Suzuki's ...

Quick Links

 

Market News

Markets close at record highs on Euro zone stimulus talk

The BSE Sensex and Nifty rose on Wednesday to record closing highs, as expectations of further monetary stimulus in the Euro zone raised hopes ...

Volatility Index at 2-year low

The India VIX index, Dalal Street's fear gauge, closed at a two-year low on Wednesday at 13.06, the lowest since October 22, 2012. A low reading ...

India to turn big importer of iron ore in FY15

Steel industry forced to increase shipments due to declining domestic production

US recovery sets positive tone for base metals

Most recover from recent lows, trend likely to continue

UP sugar cane allocation meetings next month

Private mills to abstain from meetings like last year

Back to Top