 "D B Realty, Dishman Pharma tank on heavy volumes")
Shares of Mumbai-based real estate developer D B Realty and drug maker Dishman Pharmaceuticals and Chemicals have tanked up to 20% on the BSE on back of heavy volumes in noon deal trade.
D B Realty has locked in lower circuit of 20% at Rs 47.20, also its 52-week low on the BSE. As many as 1.08 million shares have already changed hands on the counter till 12:44 PM, against an average sub 200,000 shares that were traded daily in past two weeks on the BSE and NSE. There were pending sell orders for 477,129 shares on both the exchanges.
Dishman Pharmaceuticals and Chemicals has plunged 16% to Rs 317 on back of two-fold jump in trading volumes. A combined 3.94 million equity shares representing 5% of total equity of the company changed hands on the NSE and BSE so far.
Thus far in 2015, the stock has outperformed the market by rising nearly three-fold from Rs 131 to Rs 378 as compared to 6% decline in the S&P BSE Sensex till yesterday.
D B Realty has locked in lower circuit of 20% at Rs 47.20, also its 52-week low on the BSE. As many as 1.08 million shares have already changed hands on the counter till 12:44 PM, against an average sub 200,000 shares that were traded daily in past two weeks on the BSE and NSE. There were pending sell orders for 477,129 shares on both the exchanges.
Dishman Pharmaceuticals and Chemicals has plunged 16% to Rs 317 on back of two-fold jump in trading volumes. A combined 3.94 million equity shares representing 5% of total equity of the company changed hands on the NSE and BSE so far.
Thus far in 2015, the stock has outperformed the market by rising nearly three-fold from Rs 131 to Rs 378 as compared to 6% decline in the S&P BSE Sensex till yesterday.
