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Volumes jump at PI Industries counter

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Capital Market

Aurobindo Pharma, Tech Mahindra, UCO Bank and Tata Motors are among the other stocks to see a surge in volumes on BSE today, 8 November 2013.

PI Industries clocked volume of 4.94 lakh shares by 13:49 IST on BSE, a 14.37-times surge over two-week average daily volume of 34,000 shares. The stock rose 1.28% to Rs 209.

Aurobindo Pharma notched up volume of 31.35 lakh shares, a 13.93-fold surge over two-week average daily volume of 2.25 lakh shares. The stock surged 10.13% to Rs 262.50 after consolidated net profit rose 5.7% to Rs 235 crore on 27.6% growth in operating revenue to Rs 1913.90 crore in Q2 September 2013 over Q2 September 2012. The Q2 result was announced after market hours on Thursday, 7 November 2013.

 

Tech Mahindra saw a volume of 5.03 lakh shares, a 3.69-fold surge over two-week average daily volume of 1.37 lakh shares. The stock jumped 6.13% to Rs 1677.

On a consolidated basis, Tech Mahindra's net profit rose 4.7% to Rs 718 crore on 16.3% growth in revenues to Rs 4771 crore in Q2 September 2013 over Q1 June 2013. The result was announced after market hours on Thursday, 7 November 2013.

UCO Bank clocked volume of 31.82 lakh shares, a 3.42-fold surge over two-week average daily volume of 9.31 lakh shares. The stock surged 4.51% to Rs 74.20 after net profit jumped 285.88% to Rs 400.20 crore on 5.55% growth in total income to Rs 4653.30 crore in Q2 September 2013 over Q2 September 2012. The result was announced during trading hours today, 8 November 2013.

Tata Motors saw volume of 20.94 lakh shares, a 2.7-fold rise over two-week average daily volume of 7.76 lakh shares. The stock rose 0.99% to Rs 383.85.

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First Published: Nov 08 2013 | 1:49 PM IST

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