Suashish Diamonds soars for second day

The stock soared 11% to Rs 281. The counter clocked comparatively heavy volumes of 202,73 shares as against the two-week daily average trade of 1,121 shares on the BSE.
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(Updated at 1238 hrs)

Suashish Diamonds has hit its 20% upper circuit for the second consecutive day on plans of de-listing.

The stock opened at its 20% upper limit of Rs 303 and slipped to a low of Rs 282. The stock is now trading at Rs 292 - up 16%. Over 13,845 shares have been traded on the BSE so far.

The stock has surged 38% in the past week. Yesterday the stock had climbed 20% to its upper circuit of Rs 252.

 

The board will meet on October 8 to consider the proposal of voluntary delisting of its equity shares.