Godrej Properties, Elder Pharmaceuticals, United Breweries (Holdings) and Transport Corporation of India are among the other stocks to see a surge in volumes on BSE today, 1 January 2014.
Bayer CropScience clocked volume of 61,000 shares by 13:05 IST on BSE, a 42.73-times surge over two-week average daily volume of 1,000 shares. The stock was almost flat at Rs 1,772.
Godrej Properties notched up volume of 3.25 lakh shares, a 15.26-fold surge over two-week average daily volume of 21,000 shares. The stock rose 10.13% to Rs 182.65.
Elder Pharmaceuticals saw volume of 8.09 lakh shares, a 9.59-fold surge over two-week average daily volume of 84,000 shares. The stock jumped 13.31% to Rs 261.
United Breweries (Holdings) clocked volume of 18.37 lakh shares, a 9.26-fold surge over two-week average daily volume of 1.98 lakh shares. The stock surged 19.94% to Rs 37.30.
Transport Corporation of India saw volume of 6.86 lakh shares, a 6.13-fold rise over two-week average daily volume of 1.12 lakh shares. The stock surged 9.94% to Rs 94 after an investment firm run by independent investor Radhakishan Damani bought over 3% stake in the company on Tuesday, 31 December 2013, through a bulk deal on NSE.
Derive Investments bought 25.48 lakh shares, or 3.49% of the total equity, in Transport Corporation of India (TCI) at Rs 78 per share on Tuesday, 31 December 2013. Shares of TCI spurted 13.77% to Rs 85.50 on Tuesday. Derive Investments is run by independent investor Radhakishan Damani who is known in India for his stock picks.
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