Jindal Photo rises on delisting proposal

DALAL STREET SPIKES

Photographic film maker, Jindal Photo rose 8.71 per cent to close at Rs 146 after its board decided to delist the shares of the company from BSE. The company made the announcement after market hours on August 26. The stock is listed on the BSE and NSE.

The shares opened 18.4 per cent higher at Rs 159 and made an intraday high of Rs 161.15 (up 20 per cent) and low of Rs 144.25 (up 7.4 per cent). The counter witnessed trading volumes of 2,30,862 shares as against the two-week average of 30,477 shares.