Caplin Point jumps 19%, hits record high; stock soars 37% in seven days

A combined 5.8 million equity shares, representing 7.6 per cent of the total equity of Caplin Point Laboratories, had changed hands on NSE and BSE till 12:56 pm

Shares of Caplin Point Laboratories hit a record high of Rs 944 as they rallied 19 per cent on the BSE in intra-day trade on Monday in an otherwise subdued market. At 12:56 pm, the stock of the pharmaceutical company was trading 18 per cent higher at Rs 935 on the back of a 10-fold jump in trading volumes. At the same time, the S&P BSE Sensex was trading flat at 52,980 points.

A combined 5.8 million equity shares, representing 7.6 per cent of the total equity of Caplin Point Laboratories, had changed hands on the NSE and BSE so far.

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