Stocks Rallied with Huge Volume after Breaching 8600
As benchmark index Nifty breached 8600, chemical and metals stocks rallied. Kalyani Steel was up by 20% and was trading at Rs. 227.20 after company announced its Q1 result. The stock surged in volume by 23 times of its average 20 days volume. Kalyani steel registered a growth of 62% in the net profit at Rs. 47 cr as compared to Rs. 29 cr for last year Q1 result.
Sudarshan Chemical share price jumped by 19.99%, and was trading at Rs. 303 with 4 times surge in volume.
RPG Life share price was up by 10.04% on news that company will soon come up will various cosmetic products which will include hair-growth product Crescina and a wrinkle-free and anti ageing skin care product called Fillerina.
Pricol share price moved up by 10.67%, the stock was trading at Rs. 115.35. Recently the company announced that it has sold entire stake in its wholly owned subsidiary company.
List of stocks that has shown jump in volume with more than 2 times
List of stocks that has shown jump in volume more than Average Volume
Originally published at www.dynamiclevels.com on July 26, 2016.
