Sesa Goa has rallied 14% to Rs 193, extending its over 30% surge in past seven trading days, on back of heavy volumes on the BSE.
The stock has outperformed the market by surging 48% from Rs 130 on August 19 after the company said merger of Sterlite Energy and demerger of aluminium business of Vedanta Aluminium into it have become effective. The benchmark index S&P BSE Sensex was down 0.13%, while metal index gained 12% during the same period.
As many as a combined 19.21 million shares have change hands on the counter till 1315 hours against an average 10 million shares that were traded daily in past two weeks.
Meanwhile, Sesa Goa has included in the 30-share benchmark S&P BSE Sensex w.e.f August 27, in place of Sterlite Industries.
The stock has outperformed the market by surging 48% from Rs 130 on August 19 after the company said merger of Sterlite Energy and demerger of aluminium business of Vedanta Aluminium into it have become effective. The benchmark index S&P BSE Sensex was down 0.13%, while metal index gained 12% during the same period.
As many as a combined 19.21 million shares have change hands on the counter till 1315 hours against an average 10 million shares that were traded daily in past two weeks.
Meanwhile, Sesa Goa has included in the 30-share benchmark S&P BSE Sensex w.e.f August 27, in place of Sterlite Industries.
