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NOCIL surges breaking 7-day losing streak

Capital Market 

NOCIL jumped 5.57% to Rs 79.60 on BSE on bargain hunting after a recent slide.

Shares of NOCIL plunged 16.22% in the past seven trading sessions to settle at Rs 75.40 yesterday, 22 August 2019, from its close of Rs 90 on 9 August 2019.

On BSE, 72,000 shares were traded in NOCIL counter, compared to a 2-week average of 50,000 shares. The stock hit an intraday high of Rs 81.95 and an intraday low of Rs 74.50.

It hit a 52-week high of Rs 182.30 on 13 November 2018 and a 52-week low of Rs 73.90 on 22 August 2019.

NOCIL is engaged in the business of manufacturing and trading of rubber chemicals.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 23 2019. 13:53 IST