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6 Stocks That Jumped 20% In Trade Today
It was a very dull and lacklustre day for trading with the indices stuck in a tight range. Traders were a disappointed lot, as volatility was low. However, some select stocks saw huge gains and here are a few, which were locked at the upper end of the circuit filter of 20%.
Shiva Texyarn Limited
The stock rallied 20 per cent and was locked at the upper end of the circuit filter with only buyers in the counter.
At the end of trade there were buyers of more than 60,000 shares in the stock with no sellers.
The company is into spinning business with a capacity of 90,000 spindles.
Locked at the upper end of the circuit filter
Parenteral Drugs (India) Limited was another stock that was locked at the upper end of the circuit filter. There were buyers of close to 36,000 shares at the end of the day in the stock.
The company is involved in manufacturing of pharmaceutical products like intravenous infusion, inhalation and veterinary infusion.
Gokul Ago
Gokul Agro also rallied 20 per cent in trade today with only buyers in the stock. Gokul Agro is engaged in the manufacture of Edible and Non-Edible oils and meals. The company is a Gujarat based company.
Alps Industries
The company is not a heavily priced stock and was last trading at Rs 6.30. There were buyers in the stock of almost 2,82,000 shares.
Having a low price may have led to the stock hitting the 20 per cent, upper circuit limit.
Jagsonpal Pharmaceuticals Limited
Shares in Jagsonpal Pharma rallied 17 per cent. The company had only recent declared its Quarterly results.
The stock was not locked at the upper end of the circuit filter.
Cords Cable Industries Limited
Cords Cable Industries was also stuck at the upper end of the circuit filter limit, after a rally of 20 per cent.
Action has now shifted to small and midcap low priced stocks where all the action is.
The stock ended at Rs 54 with only buyers in the counter.
