The stock slipped to a low of Rs 556 and touched a high of Rs 588.
The scrip finally settled at Rs 584, up 1.5%
The counter witnessed trades of 977,214 shares as against the two-week daily average traded volumes of 644,073 shares on the BSE. ________________________________________________
The scrip today opened at Rs 569, slipped to a low of Rs 558, down 3% from the previous close. The stock however recovered from the day's low and has touched a high of 575. The stock is now trading flat at Rs 573.
The stock has clocked heavy volumes of 403,064 shares as against the two-week daily daily average traded volumes of 644,073 shares.
Sterlite is engaged in a bidding war with rival Grupo Mexico. Sterlite's revised offer for Asarco as on June 16 stands at $1.87 billion from $1.7 billion earlier.