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Volumes jump at Redington (India) counter

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Capital Market

Vardhman Textiles, Tata Communications, Muthoot Finance and Ambuja Cements are among the other stocks to see a surge in volumes on BSE today, 25 July 2013.

Redington (India) clocked volume of 12.49 lakh shares by 13:39 IST on BSE, a 313.69-times surge over two-week average daily volume of 4,000 shares. The stock was unchanged at Rs 55.

Vardhman Textiles notched up volume of 5 lakh shares, a 39.81-fold surge over two-week average daily volume of 13,000 shares. The stock lost 2.59% at Rs 287.15.

Tata Communications saw volume of 10.47 lakh shares, a 21.83-fold surge over two-week average daily volume of 48,000 shares. The stock rose 0.68% at Rs 161.80 after two block deals aggregating 10.01 lakh shares were executed on BSE at 10:58 IST.

 

A block deal of 2.85 lakh shares was executed at Rs 158 per share. Another block deal of 7.16 lakh shares was executed at Rs 157.90 per share. The two block deals constitute 0.35% of Tata Communications' equity.

Muthoot Finance clocked volume of 8.02 lakh shares, a 12.98-fold surge over two-week average daily volume of 62,000 shares. The stock lost 0.37% to Rs 94.30.

Ambuja Cements saw volume of 17.27 lakh shares, a 7.64-fold rise over two-week average daily volume of 2.26 lakh shares. The stock tumbled 11.8% to Rs 168.55 after parent firm and Swiss cement major Holcim on Wednesday, 24 July 2013, announced a major restructuring of its India operations.

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First Published: Jul 25 2013 | 1:40 PM IST

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