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Venky's India zooms 44% in two days after exclusion from ASM list

The stock rallied 44% in past two trading sessions from Rs 2,250 to Rs 3,240 on Friday in intra-day trade after Venky's India was excluded from the ASM list with effect from Thursday.

Venky’s India zooms 44% in two days after exclusion from ASM list
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SI Reporter Mumbai
Shares of Venky’s India have surged 20% to Rs 3,240 per share on the BSE in early morning trade on Friday on back of heavy volumes. The stock zoomed 44% in past two trading sessions from Rs 2,250 after the company got excluded from the additional surveillance measures (ASM) list with effect from Thursday.

The exchanges had removed 13 stocks from the ASM list. Investors have to provide 100% margin while dealing in these stocks. Also, the stocks are subject to a 5% limit on the share price movement.

In past 11 trading sessions, Venky’s India surged 74%

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