Benchmark indices were trading with losses, but, there were select stocks that gained up to 16 per cent in trade. Most of these were with heavy volumes. Here are 6 such stocks that jumped in trade.
Chemfab Alkalis is one stock that has seen sustained gains in the last few weeks.
The stock once again gained 15 per cent in trade. The shares which was trading at just Rs 102 in June, has doubled in the past two months to Rs 247. Excellent going by any stretch of imagination.
The quarterly results in July has been one of the main triggers for the stock.
Panama Petrochem was another stock that saw sustained gains in trade. The stock was up 16 per cent at Rs 71.75 on the BSE. A little more buying in the shares and it could hit the upper end of the circuit filter.
Aptech Ltd rallied 14 per cent in trade at Rs 131. The company has announced an ESOP for employees in a notice sent to the exchanges today.
Butterfly Gandhimathi Appliances Limited
Butterfly Gandhimathi which makes appliances under the "Butterfly" range was in the limelight.
The stock surged 12 per cent at Rs 161 on the NSE.
This stock came out with an IPO at a price of Rs 230 and is presently trading at Rs 41. Nevertheless, today the stock jumped 14 per cent on the back of heavy volumes. The reason for the sharp jump is not known.
Shares in Alpha Geo rallied 11 per cent at Rs 953 on the NSE.
The company recently made an investor presentation. Like Chemfab Alkalis this stock has been on a roll in the last few weeks.