Snowman Logistics soars over 15% on heavy volumes
Till 1505 hours, a combined 9.34 million shares representing nearly 10% of free-float of equity of Snowman Logistics changed hands on NSE and BSE.
 "Snowman Logistics soars over 15% on heavy volumes")
Snowman Logistics has soared 17% to Rs 102 on National Stock Exchange (NSE) on back of heavy volumes.
Till 1505 hours, a combined 9.34 million shares representing nearly 10% of free-float of equity of the company changed hands on NSE and BSE.
Shares of Snowman Logistics, the country's largest cold storage warehousing chain, has been more-than-double against its issue price of Rs 47 a share. It soared 70% at stock market debut on September 12, 2014. It touched high of Rs 104 on September 23.
One of India's ace investors, Radhakishen Damani and Reliance Mutual Fund had collectively bought about 4% stake in Snowman Logistics on the listing day.
Till 1505 hours, a combined 9.34 million shares representing nearly 10% of free-float of equity of the company changed hands on NSE and BSE.
Shares of Snowman Logistics, the country's largest cold storage warehousing chain, has been more-than-double against its issue price of Rs 47 a share. It soared 70% at stock market debut on September 12, 2014. It touched high of Rs 104 on September 23.
One of India's ace investors, Radhakishen Damani and Reliance Mutual Fund had collectively bought about 4% stake in Snowman Logistics on the listing day.