Emkay Global at over 2-year high on heavy volumes; soars 71% in four weeks

Shares of Emkay Global Financial Services rallied 20 per cent to Rs 130.55, hitting an over two-year high, on the BSE in the intra-day trade on Thursday on the back of heavy volumes amid expectation of strong earnings growth. The stock was trading at its highest level since September 2018.

Till 01:30 pm, a combined 4.7 million equity shares, representing 19 per cent of total equity of Emkay Global, had changed on the NSE and BSE. In comparison, the S&P BSE Sensex was up 0.46 per cent at 53,146 points. In the past four weeks, the stock has zoomed