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Mukand rallies on back of huge volumes

Friday 1st Jul 2011 1337

Mukand rallies on back of huge volumes

Mumbai : Mukand has rallied 14% at Rs 47 on the back of huge volumes on the Bombay Stock Exchange (BSE). A total of 3.52 million shares, representing 4.8% stake of the company, have changed hands on the counter through block deals, against an average 12,000 shares traded daily in the past two weeks.

The stock opened at Rs 41.75 and touched a high of Rs 47.35 on the BSE so far.

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