Ganesh Benzoplast hits 52-week high on heavy volumes; stock soars 15%

Then stock hit 52-week high of Rs 94.50, up 15% on BSE after the company said it has won a case against Pan Asia Industries, for recovery of outstanding dues of Rs 5.50 crore plus interest.

Ganesh Benzoplast hit 52-week high of Rs 94.50, up 15% on BSE after the company said it has won a case against Pan Asia Industries, for recovery of outstanding dues of Rs 5.50 crore plus interest.

The trading volumes on the counter jumped more than three-fold with around 1.54 million shares exchanging hands on the BSE till 01:18 PM. In past four trading sessions the stock rallied 35% from Rs 70.10 on Monday, September 25, 2017.

“The company has won a case filed u/s 138 of the Negotiable Instruments Act, 1881, against M/s Pan Asia Industries Limited, for