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Jubilant FoodWorks, Max India, Bata see spurt in volume on the BSE

Balaji Telefilms, FDC, Vardhman Textiles Limited (VTL) are a few other stocks on the BSE that have seen a spurt in volume

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Puneet Wadhwa New Delhi
Last Updated : Aug 06 2015 | 11:57 AM IST
Jubilant FoodWorks, Max India, Bata, Siemens are in demand today and have seen their volume surge more than their respective two-week average till 11:03 HOURS on the Bombay Stock Exchange (BSE). Besides these three, Balaji Telefilms, FDC, Vardhman Textiles Limited (VTL) are a few other stocks on the BSE that have seen a spurt in volume.

Jubilant FoodWorks, however, tops this list with 1.76-lakh shares changing hands on the BSE till 11:03 HOURS, as compared to a two-week average of 0.08 lakh shares that were traded on the BSE, translating into a jump of 2,100%. Likewise, Max India saw a 958% surge in volume at 3.28-lakh shares compared to its two week average of 0.31 lakh shares.

"A lot of these companies are from the mid-and the small-cap segment, which I think is nearing a bubble. That apart, some investors could also be taking fresh positions in these counters, or exiting, given the ongoing result season," said G. Chokkalingam, Founder & Managing Director, Equinomics Research & Advisory.

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Jubilant FoodWorks, for instance, has informed BSE that the Register of Members & Share Transfer Books of the company will remain closed from August 28, 2015 to September 03, 2015 (both days inclusive) for the purpose of payment of dividend and 20th Annual General Meeting (AGM) of the company to be held on September 03, 2015.

According to a recent report, STAR India that held nearly 26% stake in Balaji Telefilms, has offloaded all its shares in the company at Rs 63.6 a share. The total deal value is pegged at Rs 108 crore. On Wednesday, Balaji’s stock rallied 16% to Rs 95 levels post the announcement. On Thursday, the traded volume on the counter hit 12.01 lakh shares, as compared to a two week average of 1.68-lakh shares.

TRADED VOLUME
Name Today's Vol (Lacs) 2 Wk Avg. Vol (Lacs) Volume Change (Times) LTP in Rs (AT 11:03 HOURS) Chg in Volume (%)
JUBLFOOD 1.76 0.08 22.38 1880.25 2100
MAX 3.28 0.31 10.45 572.4 958
BALAJITELE 12.01 1.68 7.15 101.05 615
FDC 2.92 0.43 6.85 195.05 579
BATAINDIA 1.11 0.17 6.4 1172.6 553
VTL 0.82 0.15 5.61 878.1 447
VIPUL 22.44 5.04 4.45 44.4 345
SIEMENS 0.83 0.24 3.41 1534 246
LAOPALA 1.04 0.33 3.17 525.1 215
ROLTA 8.4 2.91 2.89 129.5 189
Source: BSE; 11:03 HOURS        

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First Published: Aug 06 2015 | 11:50 AM IST

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