Volumes jump at Motherson Sumi Systems counter

BPCL, Nestle India, Arvind and Just Dial are among the other stocks to see a surge in volumes on BSE today, 3 January 2014.

Motherson Sumi Systems clocked volume of 4.39 lakh shares by 12:43 IST on BSE, a 8.36-times surge over two-week average daily volume of 53,000 shares. The stock rose 2.26% to Rs 196.50.

BPCL notched up volume of 2.82 lakh shares, a 4.03-fold surge over two-week average daily volume of 70,000 shares. The stock fell 2.61% to Rs 330.70.

Nestle India saw volume of 16,000 shares, a 2.36-fold surge over two-week average daily volume of 7,000 shares. The stock rose 0.83% to Rs 5,334.30.

Arvind clocked volume of 16.76 lakh shares, a 1.61-fold surge over two-week average daily volume of 10.39 lakh shares. The stock fell 1.91% to Rs 141.50, with the stock declining on profit booking after the recent upmove.

Shares of Arvind were on a roll recently, gaining 8.29% in three trading days to Rs 144.25 on 2 January 2014 from a recent low of Rs 133.20 on 30 December 2013.

Multiples Private Equity FII bought 36.25 lakh shares or 1.4% stake in Arvind at an average price of Rs 149.93 per share in a bulk deal on BSE on Thursday, 2 January 2014.

Just Dial saw volume of 2.02 lakh shares, a 1.58-fold rise over two-week average daily volume of 1.28 lakh shares. The stock rose 4.51% to Rs 1,561.60.

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