Ballarpur Industries soars after block deals

The stock soared 16% to Rs 15.85 on the BSE.

Ballarpur Industries has soared 16% to Rs 15.85 on the BSE after more than 10 million shares changed hands on the counter via multiple block deals.

Till 03:11 PM, a combined 10.94 million equity shares representing 1.7% of total equity of Ballarpur Industries changed hands on the NSE and BSE.

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The name of buyers and sellers are not ascertained immediately.