Gitanjali Gems zooms over 23% on heavy volume

Posted By: Religare
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Gitanjali Gems zooms over 23% on heavy volume
Shares of country's largest jewelers Gitanjali Gems rallied over 23 per cent in early trade on Bombay Stock Exchange (BSE) amid heavy volumes.

On the volume front, as much as 3.16 million shares representing nearly 6 per cent of free float equity of the company have changed hands on the counter till 0950 hours.

Boosted by heavy volumes, shares of the company gained as much as 23.40 per cent to trade at Rs 64.75 a piece on the BSE. In a similar fashion, shares of the company surged 16.76 per cent to Rs 64.10 a piece on National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 20,825.09, down 39.88 points or 0.19 per cent at 10:25 hours.

Dion Global Solutions Ltd.

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