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Indo Count Industries extends rally, stock zooms 230% in 3 months

The stock hit a fresh 52-week high of Rs 135 in the intra-day trade today, up 8%. The stock has soared 402% in the past six months

CARE Ratings last month reaffirmed the long and short term rating on bank facilities of Indo Count Industries.
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CARE Ratings last month reaffirmed the long and short term rating on bank facilities of Indo Count Industries.

SI Reporter Mumbai
Shares of Indo Count Industries continued at their northward movement, hitting a fresh 52-week high of Rs 135, up 8 per cent on the BSE on Thursday in an otherwise market. The stock was trading higher for the fifth straight day and has rallied 26 per cent during the period.

In the past three months, the market price of the company engaged in textiles business, has zoomed 230 per cent, as against 12.5 per cent rise in the S&P BSE Sensex. In the six months, it has surged 402 per cent, as compared to 35.6 per cent gain in the