Ess Dee Aluminium surges on strategic alliance news
The company said it s exploring new strategic options including joint ventures, partnership as well as technology upgradation.
Ess Dee Aluminium has surged 15% to Rs 338 after the company said it is exploring new strategic options including joint ventures, partnership as well as technology upgradation.
“The company’s strategic initiatives will yield results in the coming months and will create long term value,” Ess Dee Aluminium said in a statement.
The stock opened at Rs 294 and touched high of Rs 340 on NSE. A combined 257,111 shares have already changed hands on the counter so far against an average sub 100,000 shares that were traded daily in past two weeks.
“The company’s strategic initiatives will yield results in the coming months and will create long term value,” Ess Dee Aluminium said in a statement.
The stock opened at Rs 294 and touched high of Rs 340 on NSE. A combined 257,111 shares have already changed hands on the counter so far against an average sub 100,000 shares that were traded daily in past two weeks.