Eveready Inds zooms 20% on the back of heavy volumes; stock hits 2-yr high

Shares of Eveready Industries (EIIL) India, on Friday, zoomed 20 per cent to hit an over two-year high of Rs 311.70 on the BSE in intra-day trade in an otherwise weak market. The stock of the dry cell battery maker was trading at its highest level since April 2018.

The trading volumes on the counter jumped over 10-fold with a combined around 5.2 million equity shares, representing 7.1 per cent of total equity of Eveready Industries, changing hands on the NSE and BSE. In comparison, the S&P BSE Sensex was down 3.1 per cent at 49,452 points at 02:21