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Vinati Organics adds 14%, hits 52-wk high on heavy volume; up 21% in 2 days

Today's volume on the BSE was 109.8 per cent higher than the volume seen on the counter in the past week

Analysts at HDFC Instituional Equities gave 'sell' rating on the stock with a target price of Rs 820 after the Q1 results.
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Analysts at HDFC Instituional Equities gave 'sell' rating on the stock with a target price of Rs 820 after the Q1 results.

SI Reporter New Delhi
Shares of Vinati Organics zoomed 13.6 per cent, supported by heavy volume, to quote at Rs 1,197 on the BSE on Monday. At 12:30 pm, the stock was up 9.62 per cent on the BSE, as against 0.86 per cent rise in the benchmark S&P BSE Sensex. Today'a high was the stock's 52-week high on the National Stock Exchange (NSE). 

With today's intra-day gain, the stock has leaped 21 per cent in two days on the NSE from a level of Rs 992 touched on August 19, 2020.

A combined 1.59 million shares had changed hands on the counter on the NSE

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