Chaman Lal Setia Exports soars 11%, hits 52-week high on heavy volumes

The company's revenue has grown 67% to Rs 676 crore YoY in H1FY23 supported by its strong position in the export market

Shares of Chaman Lal Setia Exports (CLSEL) soared 11 per cent to hit a 52-week high of Rs 138.80 on the BSE in Wednesday’s intra-day trade on heavy volumes. The stock surpassed its previous high of Rs 135.40 touched on April 25, 2022.

At 12:25 PM, CLSEL was trading 9 per cent higher at Rs 136.50 as compared to a 0.04 per cent rise in the S&P BSE Sensex. A combined 637,707 equity shares, representing 1.23 per cent of total equity of the company, had changed hands on the NSE and BSE.

CLSEL is the world’s largest private