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Stock of this specialty chemicals company has zoomed over 100% in 10 days

Shares of Narmada Gelatines froze upper circuit for sixth straight day and zoomed 76 per cent during the period. Moreover, the stock skyrocketed 120 per cent in the past 10 days

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SI Reporter Mumbai
Shares of Narmada Gelatines were locked in 5 per cent upper circuit at Rs 513.55 per share on Wednesday amid heavy volumes. The spike comes ahead of turning ex-date for special interim dividend of Rs 100 per share.

The stock of specialty chemicals company froze upper circuit for sixth straight day and zoomed 76 per cent during the period. So far in December, the stock skyrocketed 120 per cent from Rs 233.15, which it had touched on November 30, 2022. In comparison, the S&P BSE Sensex was down 0.65 per cent, during the same period.

Narmada Gelatines has