Indo-National zooms 20%, Eveready Industries hits over 3-year high

Eveready Industries hit an over three-year high (highest level since April 2018) of Rs 338.70 after rising 7 per cent on the BSE in intra-day trade today

Shares of non-durable household products companies Indo-National and Eveready Industries were in demand at the bourses on Thursday on expectation of strong March quarter (Q4FY21) results.

Indo-National shares were locked in 20 per cent upper circuit at Rs 1,049.40, also its 52-week high on the BSE. A combined 106,000 shares have changed hands, so far, and there were pending buy orders for around 20,000 shares on the NSE and BSE.

Indo-National is a leading consumer goods company with a portfolio comprising dry-cell batteries, flashlights, LED lights, Mosquito bats, DORCO Blades and electrical accessories.

Eveready Industries hit an