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Amtek Auto shares bounce back; gain over 4%

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Press Trust of India Mumbai
Shares of Amtek Auto bounced back on value-buying today, rising over 4 per cent, after witnessing massive selling pressure yesterday.

Recouping sharp losses witnessed in the last session, the stock settled 4.12 per cent higher at Rs 32.80 on the NSE.

At BSE, it ended at Rs 32.75, up 3.80 per cent. During the day, it jumped 11.72 per cent to Rs 35.25.

Stretching yesterday's fall, the stock had opened the day on a lower note but fag-end buying pulled up the stock.

On volume front, 130.70 lakh shares of the company changed hands at BSE and over six crore shares were traded at the NSE.
 

The stock had plunged almost 35 per cent yesterday on debt worries.

The stock had crashed nearly 31 per cent on August 19 after the announcement by bourses with regard to exclusion of company's futures and options (F&O) contracts in equity derivatives segment, with effect from October 30.

The stock had also lost nearly 29 per cent on August 20.

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First Published: Sep 04 2015 | 5:22 PM IST

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