Stock of this real estate company has more-than-doubled in 17 trading days

Shares of DB Realty were locked in the 5-per cent upper circuit band for a fifth straight day, at Rs 109.50 on the BSE, on Friday on the back of heavy volumes. In comparison, the S&P BSE Sensex was down 1.3 per cent at 59,181 points at 1:10 PM.

A combined 10.86 million equity shares, representing 3.8 per cent of total equity of the real estate firm, had changed hands till th time of writing of this report. Moreover, there were pending buy orders for 1.66 million shares on the NSE and BSE, the exchange data showed.

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