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Shares of Heubach Colorants India (HCIL) has rallied 19 per cent to Rs 558 on the National Stock Exchange (NSE) in Friday’s intra-day trade, extending its previous day’s surge after Quant Mutual Fund (MF) bought less than 1 per cent stake in the company via open market.
In past two trading days, the stock of the dyes & pigments company has zoomed 43 per cent. In comparison, the Nifty 50 was up 0.18 per cent at 23,609 at 09:25 am. The stock had hit a 52-week high of Rs 654.90 on January 3, 2024.
On Thursday, June
