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Shares of Ambalal Sarabhai Enterprises were locked in the upper circuit of 20 per cent for the second straight day, in an otherwise weak market, at Rs 40.05 on the BSE in Friday's session. Till 12 pm, around 2,89,000 equity shares had changed hands on the counter on the BSE. There were pending buy orders for 3.57 million equity shares, representing 4.6 per cent of the total equity of the company, the exchange data shows.
The stock of the smallcap pharmaceuticals company was trading at its 52-week high level. In the past two trading days, it has rallied 44 per cent
