Jyothy Laboratories and HT Media have rallied more than 7% each in otherwise weak market on back of huge volumes.
Jyothy Laboratories has surged 15% to Rs 166, also its lifetime high on over ten-fold jump in trading volumes. A combined 1.62 million shares have already changed hands on the counter so far, against an average less than 200,000 shares that were traded daily in past two weeks on the NSE and BSE.
The credit rating agency, Credit Analysis Research Limited (CARE) has assigned with rating of "CARE A1 +" (A one plus) in respect of the company’s short term debt and Commercial Paper (CP) issue of Rs 90 crore.
HT Media has rallied up to 8% at Rs 95 on back of huge block deal on the counter. As many as a combined 5.03 million shares representing 7% free-float equity of the company have changed hands on the counter so far on the BSE and NSE
