GVK Power, JP Associates, Welspun Corp, HEG hit 52-week highs

GVK Power locked in upper circuit of 20% at Rs 9.99 on BSE on back of heavy volumes

GVK Power & Infrastructure, Jaiprakash Associates, Welspun Corp and HEG hit their respective 52-week highs, trading higher by up to 20% on BSE in otherwise subdued market.

GVK Power & Infrastructure was locked in upper circuit of 20% at Rs 9.99 on back of over five-fold jump in trading volumes. 
 

Till 1:20 pm; a combined 76 million equity shares representing 4.8% of total equity of GVK Power changed hands on the NSE and BSE.

stock of the electric utilities company has surged 37% in past six trading sessions from Rs 7.29 on July 13, after it informed the