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Volumes jump at Ipca Laboratories counter

Capital Market 

Vesuvius India, HDFC, Torrent Pharmaceuticals and are among the other stocks to see a surge in volumes on today, 16 June 2017.

clocked volume of 6.87 lakh shares by 14:20 IST on BSE, a 135.42-times surge over two-week average daily volume of 5,000 shares. The stock slumped 9.84% to Rs 462.65 after the company said that drugs manufactured at its facilities at SEZ Indore (Pithampur), Piparia (Silvassa) and Ratlam (Madhya Pradesh) have been banned from the US market by the US Food and Drug Administration (USFDA). The drug regulator cited violation of current good manufacturing norms for taking the step against the company. The announcement was made after market hours yesterday, 15 June 2017.

notched up volume of 70,000 shares, a 20.88-fold surge over two-week average daily volume of 3,000 shares. The stock declined 1.23% to Rs 1,260.

saw volume of 20 lakh shares, a 12.03-fold surge over two-week average daily volume of 1.66 lakh shares. The stock rose 0.49% to Rs 1,645.85.

Torrent Pharmaceuticals clocked volume of 1.03 lakh shares, a 11.96-fold surge over two-week average daily volume of 9,000 shares. The stock fell 2.07% to Rs 1,210.80.

saw volume of 16.88 lakh shares, a 11.93-fold rise over two-week average daily volume of 1.42 lakhs shares. The stock jumped 11.73% to Rs 194.35.

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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, June 16 2017. 14:19 IST