Organic Coatings jumps 10 per cent

DALAL STREET SPIKES

The share price of Organic Coatings went up by 9.94 per cent on the Bombay Stock Exchange, after its promoter raised stake in the company through open market purchases.

The company announced the increase in promoters' stake during trading hours today. The share touched a high of Rs 10.29 and a low of Rs 9.03 on the BSE and only 1,450 shares were traded on the exchange.