Markets are trading lower, but, there are certain stocks that are buzzing in trade today. Take a look at some stocks that have rallied up to 17 per cent.
Metalyst Forgings is an Amtek group company. Recently, there were reports that lenders were planning to takeover the company.
The stock was up 14 per cent at Rs 67.30 on the NSE.
Renaissance Jewellery Limited
Shares in Renaissance Jewellery were up 13 per cent in trade. There was no intimation to the stock exchanges, so one cannot ascertain the reasons for the jump.
The company is a leading player in the design, manufacturing and sales of jewellery in gold, silver, platinum, studded with polished diamonds, semi precious and precious stones. The stock was last trading 13 per cent higher at Rs 145 on the NSE.
Tree House Education & Accessories Limited
Tree House Education & Accessories Limited jumped 11 per cent in trade at Rs 40.75 on the NSE.
The company's shares in the last few months has slumped from levels of Rs 456 seen in July last year.
Tree House Education is a leading player in the education business.
Shares in Rane Breaks surged after the company reported a good set of results for the quarter ending June 30, 2016. The shares were last trading at Rs 631 up 10 per cent on the NSE.
Shares in Golden Tobacco jumped 10 per cent in trade and was last trading at Rs 47.50. On July 15, the company had informed the stock exchanges that the income tax authorities had attached properties of the company at Vile Parle in Mumbai.
Chemfab Alkalies was up 10 per cent, after the company reported a good set of results. The stock was last trading at Rs 207.40.
Parrys Sugar Industries Limited
Parry's Sugar was locked at the upper end of the circuit filter with only buyers in the counter. The stock was last trading at Rs 67 on the NSE.