Shares of Accelya Kale Solutions (formerly Kale Consultants) and Dishman Pharmaceuticals and Chemicals have rallied more than 8% each on back of huge volumes.
Accelya Kale Solutions has soared 10% to Rs 176, extending its previous day rally on over 30-fold rise in trading volumes, As many as a combined 1.42 million shares have already changed hands on the counter till noon deals, against an average sub 50,000 shares that were traded daily in past two weeks.
The stock of mid-cap IT Company has zoomed 32% in past two trading sessions from Rs 133 after reporting over four-fold jump in consolidated net profit at Rs 12.98 crore for the fourth quarter ended June 2012, on the back of higher operational revenues. The mid-cap IT Company had a net profit of Rs 3.10 crore in year ago quarter. The consolidated total income from operations grew 55% at Rs 69.35 crore on year-on-year basis.
Dishman Pharmaceuticals and Chemicals too, surged 9% to Rs 82.50 on the BSE. A combined 3.8 million shares have changed hands on the counter so far, against average around 1.6 million shares that were traded daily in past ten trading days.
The stock has surged 30% in past five trading sessions, on reporting an over two-fold increase in consolidated net profit at Rs 38.70 crore for the quarter ended June 30, 2012. The company had posted a net profit of Rs 15.12 crore for the corresponding period in the previous fiscal.