Shree Renuka Sugars rallied 6.5% to Rs 183. The stock touched an intra-day high of Rs 184. The counter clocked a volume of 2.02 million shares as against its two-week average traded quantity of 1.71 million shares.
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Shree Renuka Sugars has rallied 5.5% to Rs 181, on the back of the developmant that the company had received approval of Forward Market Commission (FMC) for acquisition of 5% stake in National Commodity & Derivatives Exchange (NCDEX) from Intercontinental Exchange Holdings and Goldman Sach Investments (Mauritius) for a total consideration of Rs 36.50 crore.
The stock opened at Rs 171, which is also its lowest. The Scrip touched its 52-week high at Rs 191 recently on August 12. The counter on the BSE has clocked a volume of 859,6334 shares as against its two-week average traded quantity of 1.71 million shares.
The stock has surged 25% from its month-ago close of Rs 148.
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