McLeod Russel spurts over 4% on export incentive announcement

Shares of McLeod Russel surged over 4 per cent in the early trade on Bombay Stock Exchange (BSE) on the buzz that the government is likely to make export incentive announcement.

The shares of the company touched a weekly high of Rs 276.70 and were currently trading at Rs 275.95, up 4.07 per cent.

In a similar fashion, shares of the company were quoting at Rs 275.35 a piece, up 3.87 per cent on the National Stock Exchange (NSE).

Meanwhile, the broader benchmark Sensex was quoting at 16,220.59, up 190.50 points at 10:55 hours

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