GMM Pfaudler shares hit higher circuit, jump 10% in 2 days

Closing Updated : Sep 30, 2020 10: 00 AM IST | Provide: Moneycontrol.com

The scrip witnessed spurt in volume by extra than 3.36 instances and used to be purchasing and selling with volumes of 63,143 shares, when put next to its 5 day sensible of 28,321 shares, an lengthen of 122.95 p.c.

GMM Pfaudler half imprint won 5 p.c intraday on September 30 hitting higher circuit of Rs 4.12.85 per half on BSE after Plutus Wealth Management supplied shares of the glass-lined tools maker.

The company supplied 1,65,000 shares of GMM Pfaudler at Rs 3,528.75 per half, per facts available on NSE.

The stock used to be purchasing and selling at Rs 4,007, up Rs 185.20, or 4.85 p.c. It has touched an intraday excessive of Rs 4,012.85 and an intraday low of Rs 3,800. It has jumped 10 p.c within the top 2 days after plunging over 35 p.c within the top 7 days.

The scrip witnessed spurt in volume by extra than 3.36 instances and used to be purchasing and selling with volumes of 63,143 shares, when put next to its 5 day sensible of 28,321 shares, an lengthen of 122.95 p.c.

In accordance to Moneycontrol SWOT Analysis powered by Trendlyne, FII / FPI or establishments rising their shareholding with the corporate efficient in managing resources to make cash – ROA improving since top 2 years

On the opposite hand, Moneycontrol technical ranking is amazingly bearish with transferring averages and technical indicators being bearish.

Disclaimer: The views and funding guidelines expressed by funding specialists on moneycontrol.com are their very have, and now not that of the obtain space or its management. Moneycontrol.com advises customers to search the advice of with licensed specialists before taking any funding choices.​

First Published on Sep 30, 2020 10: 00 am

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