Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks

The stock now quotes at the highest level since September 2018, and saw trades of around 2 per cent of the equity size on Friday.

Shares of Skipper were locked in the 20 per cent upper circuit at Rs 108.75 on the BSE as of 10:23 AM on Friday amid heavy volumes in an otherwise weak market. The stock now quoted at its highest level since September 2018. In comparison, the S&P BSE Sensex was down 0.65 per cent at 62,870.

A combined 2.06 million shares representing 2 per cent of total equity of the company changed hands on the NSE and BSE. There were pending buy orders for a combined 672,845 shares or 0.66 per cent equity stake on both the exchanges, the