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Cravatex zooms 75% in 4-session; stock locked in maximum monthly limit

The stock zoomed 75% in past four trading days from Rs 206.70 to Rs 360.80 on BSE.

Cravatex locked in maximum monthly permissible limit
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SI Reporter Mumbai
Cravatex on Wednesday got locked in maximum upper limit of monthly price band at Rs 360.80, up 1% on BSE. CLICK HERE FOR PRICE DETAIL

The stock trading under ‘XD’ group on BSE has zoomed 75% in the past four trading days from Rs 206.70 on March 21. Till 12:32 pm; around 3,084 equity shares changed hands against an average 5,414 shares that were traded daily in past two weeks. There were pending buy orders for 924 shares on BSE.

Cravatex on March 23 announced its board approved execution of a binding Subscription and Shareholders Agreement

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