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Century Plyboards rallies 24% in 3 days; stock nears record high

On April 9, the company announced launch of Firewall technology that ensures that its customers get critical time to act and be safe in case of fire

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Photo: Shutterstock

SI Reporter Mumbai
Shares of Century Plyboards (India), on Friday, rallied 8 per cent and hit a fresh 52-week high of Rs 358.70 on the BSE in intra-day trade on the back of heavy volumes. The stock was trading higher for the third straight day, soaring 24 per cent during this period. It is quoting close to its record high of Rs 364, touched on April 9, 2018.

At 09:46 am, Century Plyboards was trading 6 per cent higher at Rs 352, as compared to 0.42 per cent rise in the S&P BSE Sensex. The trading volumes on the counter nearly doubled as