Volumes jump at Elgi Equipments counter

Castex Technologies, V-Guard Industries, Bannari Amman Sugars, and Mahindra & Mahindra are among the other stocks to see a surge in volumes on BSE today, 8 October 2015.

Elgi Equipments clocked volume of 19.88 lakh shares by 13:36 IST on BSE, a 1204.78 times surge over two-week average daily volume of 2,000 shares. The stock spurted 12.5% at Rs 137.25.

Castex Technologies notched up volume of 48.82 lakh shares, a 260.15-fold surge over two-week average daily volume of 19,000 shares. The stock was locked at 5% upper circuit at Rs 18.95.

V-Guard Industries clocked volume of 1.48 lakh shares, a 248.25-fold surge over two-week average daily volume of 1,000 shares. The stock fell 0.38% at Rs 900.

Bannari Amman Sugars saw volume of 1.88 lakh shares, a 229.8-fold surge over two-week average daily volume of 1,000 shares. The stock rose 0.88% at Rs 860.

Mahindra & Mahindra saw volume of 11.18 lakh shares, a 12.79-fold rise over two-week average daily volume of 87,000 shares. The stock lost 0.65% at Rs 1,276.95. The company announced during market hours today, 8 October 2015, that global credit rating agency Moody's Investors Service has assigned Baa3 foreign currency and local currency issuer rating with stable outlook to the company. The rating reflects M&M's diversified business profile, leading market position in India, long track record of successful operations, strong corporate governance practices, financial flexibility and conservative financial policies.

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