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This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume

Till 02:09 pm; a combined 37.98 million equity shares representing 4 per cent of the total equity of Edelweiss Financial changed hands on the NSE and BSE.

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SI Reporter Mumbai
Shares of Edelweiss Financial Services zoomed 19 per cent to Rs 60.65 on the BSE in Thursday’s intra-day trade on the back of heavy volumes. The stock of the financial services company rebound sharply (21 per cent) from its 52-week low of Rs 50.10 touched in intra-day deal today.

At 02:09 pm; the stock traded 16 per cent higher at Rs 59.25, as compared to a 0.3 per cent decline in the S&P BSE Sensex. A combined 37.98 million equity shares representing 4 per cent of total equity of Edelweiss Financial changed hands on the NSE and BSE. The