The stock extended gains and touched a high of Rs 532 - up over 9%. It finally settled with a gain of 7.5% at Rs 527. The stock is still 25% away from the 52-week high of Rs 705. However, it has soared 110% from its 52 week low of Rs 250.
Around 394,520 shares were traded on the BSE today.
________________________________________________
(Updated at 1107 hrs)
Mundra Port is trading at Rs 512 on the BSE, higher by Rs 22 or 4%, on reporting a jump in net profits in the September quarter .
The stock opened at Rs 493, and has touched a high of Rs 516 and a low of Rs 487 thus far.
Mundra Port and Special Economic Zone Ltd, India’s largest private port and special economic zone, posted 55.67 per cent rise in net profit at Rs 174.79 crore for the quarter ended September 30, 2009 as compared to Rs 112.28 crore in the corresponding period last year.
