TTK Prestige rises on delisting proposal

DALAL STREET SPIKES

The shares of domestic appliance manufacturer, TTK Prestige were locked at the 20 per cent upper circuit to close at Rs 158.55 after the company announced that its board will meet on September 1 to consider delisting of shares from the BSE and NSE.

The company made the announcement after market hours on Monday. The stock opened at Rs 145 and made an intraday low of Rs 135.10. The total quantity traded was 1,49,198 shares as against the two-week average volumes of 4,880 shares, with delivery volumes as high as 91.4 per cent.