Kwality, India Glycols rally on unusually large volumes
Shares of packaged foods seller Kwality Limited, chemicals firm India Glycols, cement & cement products manufacturer Ramco Cements and bio-technology company Panacea Biotec are moving on unusually large volumes today.
Panacea Biotec hits near 3-year high
Panacea Biotec hit its highest in about 3 years, rising to Rs 211.50 and gaining 20% in the process, before paring some gains. Still, at Rs 201, the stock is high up in positive territory with a hefty gain of 14%. On BSE, the Panacea Biotec counter has recorded a volume of 3.62 lakh shares so far in the session, almost 9 times the average daily volume of about 43,000 shares.
Volumes jump almost 10 times at Ramco Cements counter
Ramco Cements is up 3% at Rs 717, after having risen to Rs 730 earlier in the session. On BSE, the Ramco Cements counter has recorded a volume of nearly 2.2 lakh shares so far in today's session, as compared to average daily volume of just around 21,000 shares.
The company had reported a net profit of Rs 155.81 crore for the quarter ended June 2017, slightly lower than a net profit of Rs 155.93 crore it had posted in the year-ago quarter.
India Glycols up almost 20%
India Glycols hit a record high of Rs 221.40 on BSE this afternoon. The stock is currently up nearly 19% at Rs 219. The India Glycols counter has clocked a volume of more than 3.13 lakh shares so far in the session today, nearly 12 times the average daily volume of 27,000 shares.
Kwality back in demand after recent setback
Kwality is gaining 7.5% at Rs 122.70. The stock touched a high of Rs 125.85 earlier in the session. Just a few sessions ago, the stock was trading around Rs 153.
On BSE, almost 3.9 million shares have changed hands at the Kwality counter so far in today's session, as against average daily volume of just around 1.98 lakh shares.
