Markets are trading higher as global cues were better, despite North Korean tensions continuing. Here are a list of stocks, some of which have jumped upto 15% in trade.
Jindal Photo was the top gainer from the NSE today after the stock rallied a staggering 15%. The shares were last seen trading at Rs 88.35. Jindal Photo has two line of business activities namely (i) Business of Manufacture, production, sale and distribution of photographic products (ii) Business of holding strategic investments in equity/ preference shares of group companies. It was not known what led to the jump in the share price of the company. Check stock quote of Jindal Photo
Shares in Precision Wires jumped 12 per cent in trade, after the company reported a good set of quarterly numbers. Net profits for the quarter ending June 30, 2017 surged to Rs 9.35 crores from Rs 5.32 crores in the previous quarter. The board of directors of the company also approved an expansion plan for further growth. The stock of Precision Wires was last seen trading at Rs 193.35 on the NSE. Check stock quote of Precision Wires
Intense Technologies was another share that rallied in trade and gained as much as 11 per cent. The reason for the smart jump is now known. The shares were last seen trading at Rs 93 on the National Stock Exchange. There were also huge volumes in the counter of the company. Intense Technologies is largely a tech oriented company. check stock qoute of Intense Technologies
Shares in Jai Corp Ltd jumped almost 11 per cent in trade at Rs 109. Again, like most other stocks which jump sharply there were heavy volumes in the counter. While Jai Corp initially foccussed on manufacturing businesses like steel, plastic processing and spinning yarn, it is now gradually focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.
Himachal Futuristic was locked at the upper end of the circuit filter with only buyers in the counter. The stock was stuck at the upper limit of 20 per cent with a buy order of almost 22 lakh shares in the counter. According to news reports Funds of Boston-based GMO LLC bought shares of Himachal Futuristic Communications. The shares of the company were locked at the upper end of the circuit filter on Wednesday as well.Check the Stock Qoute of HFCL