Volumes jump at Motilal Oswal Financial Services counter

Kushal Tradelink, V2 Retail, HDIL and Bajaj Holdings & Investment are among the other stocks to see a surge in volumes on BSE today, 9 August 2017.

Motilal Oswal Financial Services clocked volume of 7.25 lakh shares by 12:57 IST on BSE, a 53.88-times surge over two-week average daily volume of 13,000 shares. The stock rose 3.39% to Rs 1,115.05.

Kushal Tradelink notched up volume of 6.16 lakh shares, a 35.67-fold surge over two-week average daily volume of 17,000 shares. The stock fell 1.26% to Rs 121.35.

V2 Retail saw volume of 2.78 lakh shares, a 8.40-fold surge over two-week average daily volume of 33,000 shares. The stock rose 17.79% to Rs 330.

Housing Development & Infrastructure (HDIL) clocked volume of 1.95 crore shares, a 6.60-fold surge over two-week average daily volume of 29.65 lakh shares. The stock rose 8.16% to Rs 60.95.

The Bombay Stock Exchange (BSE) sought clarification from Housing Development and Infrastructure (HDIL) today, 9 August 2017, with reference to a news flash citing that HDIL failed to repay Rs 144 crore loan to Central Bank of India. Central Bank of India has seized Kurla property. HDIL is doing one-time settlement with banks for subsidiary debt. Some account of the company has been attached by the Income Tax Department. HDIL is yet to clarify on the news report.

Bajaj Holdings & Investment saw volume of 56,000 shares, a 6.55-fold rise over two-week average daily volume of 8,000 shares. The stock rose 0.78% to Rs 2,550.

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