 "A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (pic: Reuters)")
Shares of Modi Rubber (MRL) extended gains for the fifth straight trading session to hit its upper circuit as the stock rallied over 10% to Rs 84, also its fresh 52-week high on BSE.
During the period, the stock of the auto tyres & rubber products manufacturer rallied 91% from Rs 43.80 on March 22, 2017. In comparison, the S&P BSE Sensex was up 1%.
MRL said it holds 3.14 million equity shares of Xerox India, which is an unlisted entity and pursuant to unimplemented part of the Rehabilitation Scheme sanctioned by the Board for Industrial and Financial
During the period, the stock of the auto tyres & rubber products manufacturer rallied 91% from Rs 43.80 on March 22, 2017. In comparison, the S&P BSE Sensex was up 1%.
MRL said it holds 3.14 million equity shares of Xerox India, which is an unlisted entity and pursuant to unimplemented part of the Rehabilitation Scheme sanctioned by the Board for Industrial and Financial
