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Volumes jump at Motilal Oswal Financial Services counter

Capital Market 

Kushal Tradelink, V2 Retail, and & Investment are among the other stocks to see a surge in volumes on today, 9 August 2017.

Services clocked volume of 7.25 lakh shares by 12:57 IST on BSE, a 53.88-times surge over two-week average daily volume of 13,000 shares. The stock rose 3.39% to Rs 1,115.05.

Kushal Tradelink notched up volume of 6.16 lakh shares, a 35.67-fold surge over two-week average daily volume of 17,000 shares. The stock fell 1.26% to Rs 121.35.

V2 Retail saw volume of 2.78 lakh shares, a 8.40-fold surge over two-week average daily volume of 33,000 shares. The stock rose 17.79% to Rs 330.

Housing Development & Infrastructure (HDIL) clocked volume of 1.95 crore shares, a 6.60-fold surge over two-week average daily volume of 29.65 lakh shares. The stock rose 8.16% to Rs 60.95.

The Bombay Stock Exchange (BSE) sought clarification from Housing Development and Infrastructure (HDIL) today, 9 August 2017, with reference to a news flash citing that failed to repay Rs 144 crore loan to Central Bank of India. Central Bank of India has seized Kurla property. is doing one-time settlement with banks for subsidiary debt. Some account of the company has been attached by the Income Tax Department. is yet to clarify on the news report.

& Investment saw volume of 56,000 shares, a 6.55-fold rise over two-week average daily volume of 8,000 shares. The stock rose 0.78% to Rs 2,550.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 09 2017. 13:01 IST