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Shares of Prakash Industries rallied 9 per cent on the BSE to hit a multi-year high of Rs 174.80 in Wednesday’s intra-day trade amid heavy volumes. In the past three days, the stock of the iron & steel company has surged 25 per cent. It was quoting at its highest level since June 2018.
The average trading volumes on the counter doubled today. A combined 5.42 million equity shares, representing 3 per cent of the total equity of Prakash Industries, had changed hands on the NSE and BSE.
In the past three months, the stock price of Prakash Industries has more than
