Strides Arcolab, Jyothy Laboratories, IVRCL and Max India are among the other stocks to see a surge in volumes on BSE today, 5 December 2013.
AIA Engineering clocked volume of 2.74 lakh shares by 13:16 IST on BSE, a 37.75-times surge over two-week average daily volume of 7,000 shares. The stock rose 0.14% at Rs 423.80.
Strides Arcolab notched up volume of 4.76 lakh shares, a 19.3-fold surge over two-week average daily volume of 25,000 shares. The stock tumbled 12.47% at Rs 863 after the company said it has completed sale of its Agila Specialties Division to Mylan Inc. for a total consideration of up to $1.75 billion. The announcement was made before market hours today, 5 December 2013.
Jyothy Laboratories saw volume of 2.62 lakh shares, a 10.64-fold surge over two-week average daily volume of 25,000 shares. The stock rose 2.58% to Rs 204.85.
IVRCL clocked volume of 40.49 lakh shares, a 5.68-fold surge over two-week average daily volume of 7.13 lakh shares. The stock surged 11.16% at Rs 16.04.
Max India saw volume of 4.19 lakh shares, a 5.5-fold rise over two-week average daily volume of 76,000 shares. The stock rose 2.17% at Rs 214.40 after 0.075% equity changed hands in a bulk deal on BSE today, 5 December 2013. A bulk deal of 2 lakh shares was executed on Max India counter at Rs 213 per share at 09:23 IST on BSE today, 5 December 2013
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