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This PSU stock zoomed over 100% in one month

Hindustan Organic Chemicals locked in upper circuit of 10% at Rs 39.60, rallied 103% in past one month from Rs 19.55, as compared to 3.4% rise in the Sensex.

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SI Reporter Mumbai
Hindustan Organic Chemicals (HOCL) was locked in upper circuit of 10% at Rs 39.60 on the BSE on back of heavy volumes. 
 
Till 10.47 am, around 1.93 million equity shares were changed hands on the counter against an average sub one million shares were traded. There were pending buy orders for 496,337 shares on the BSE.

In past one month, shares of state-owned commodity chemicals Company zoomed 103% from Rs 19.55, as compared to a 3.4% rise in the S&P BSE Sensex.

HOCL had posted a robust set of numbers for the quarter ended June 2018 (Q1FY19). The