Sterlite Technologies zoomed 17.5 per cent to a high of Rs 242.90 in intra-day trades on Friday amid reports of stake sale by the company in three of its verticals.
The stock moved higher on the back of heavy volumes as around 1.35 million shares have changed hands on the BSE so far, as against a two-week daily average traded volume of around 0.11 million shares. As of 2:30 PM, the stock was 14.8 per cent higher at Rs 237.20 as against a 0.9 per cent fall on the S&P BSE Sensex.
The stock moved higher on the back of heavy volumes as around 1.35 million shares have changed hands on the BSE so far, as against a two-week daily average traded volume of around 0.11 million shares. As of 2:30 PM, the stock was 14.8 per cent higher at Rs 237.20 as against a 0.9 per cent fall on the S&P BSE Sensex.
According to a Business Line report, Vedanta