NDTV, Elgi Equipments, Ess Dee Aluminium soar over 10% on heavy volume

NDTV and Elgi Equipments soared 18% each, while Ess Dee Aluminium surged 17% on the BSE.

Shares of New Delhi Television Limited (NDTV), Elgi Equipments and Ess Dee Aluminium have rallied more than 10% on the BSE in an otherwise weak market on back of heavy volumes.

NDTV has soared 18% to Rs 107 on the BSE on back of heavy volumes. It surged 20% to Rs 108 in intra-day trade.

Till 12.15 pm, a combined 1.87 million shares representing 2.9% of total equity of NDTV change hands on the BSE and NSE as against an average 200,000 shares that were traded daily in past two weeks.

Elgi Equipments too surged 18% to Rs 144 on the BSE in early morning trade. Currently, the stock trading at Rs 137, with a combined 4.24 million shares changed hands compared to less than 10,000 shares that were traded daily in past two weeks.

Ess Dee Aluminium jumped 17% to Rs 362 on the BSE. It hit a intra-day high of Rs 372 on back of over seven-fold rise in trading volumes. A combined 1.89 million shares changed hands on the counter so far on the BSE and NSE.

The S&P BSE Sensex was down 0.73% or 196 points at 26,839.