Kesoram Industries, Dewan Housing Finance Corporation, JK Tyre & Industries and Colgate-Palmolive (India) are among the other stocks to see a surge in volumes on BSE today, 14 September 2015.
Karnataka Bank clocked volume of 12.30 lakh shares by 12:41 IST on BSE, a 7.15-times surge over two-week average daily volume of 1.72 lakh shares. The stock rose 1.74% to Rs 119.55.
Kesoram Industries notched up volume of 18.51 lakh shares, a 4.55-fold surge over two-week average daily volume of 4.07 lakh shares. The stock rose 4.93% to Rs 107.45.
Dewan Housing Finance Corporation saw volume of 3.26 lakh shares, a 2.43-fold surge over two-week average daily volume of 1.34 lakh shares. The stock rose 0.72% to Rs 223.85.
JK Tyre & Industries clocked volume of 12.91 lakh shares, a 2.36-fold surge over two-week average daily volume of 5.48 lakh shares. The stock fell 2.49% to Rs 105.75 after the company said its board approved acquisition of Cavendish Industries from Kesoram Industries. The company made the announcement on Saturday, 12 September 2015.
Colgate-Palmolive (India) saw volume of 47,000 shares, a 2.23-fold rise over two-week average daily volume of 21,000 shares. The stock rose 3.59% to Rs 1,923 after the company fixed 24 September 2015 as the record date for the purpose of allotment of 1:1 bonus shares to the existing shareholders. The announcement was made after market hours on Friday, 11 September 2015.
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