Polaris Software was one of the biggest losers in the market today in the early hours of trading on selling pressure. However, the scrip picked up and at close it was up by 3.48 per cent at Rs 127.75.
In the afternoon trades, the stock was down 6 per cent at Rs 116. Earlier in the session, they hit a low of Rs 113.80. A total of 25.91 lakh shares changed hands on the counter today.
The scrip was hit by sustained selling spree, which was accentuated by a fall in tech stocks in the last few sessions amid weakness in the global markets on concerns of a possible US-Iraq war. From a recent high of Rs 162.40 on January 15, the scrip has slumped by 27.12 per cent in last few sessions to the current Rs 116.
Grasim counter clocks a minor correction
There was not much to enthuse about Grasim
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