Arshiya rose 3.45% to Rs 28.50 at 9:51 IST on BSE after Citigroup Global Markets Mauritius bought 13.43 lakh shares of the company at an average price of Rs 27.30 per share in a bulk deal on the NSE on Thursday, 24 September 2015.
Meanwhile, the S&P BSE Sensex was down 54.16 points or 0.21% at 25,809.34.
On BSE, so far 12,000 shares were traded in the counter as against average daily volume of 59,567 shares in the past one quarter.
The stock hit a high of Rs 28.85 and a low of Rs 27.10 so far during the day. The stock had hit a 52-week high of Rs 58.50 on 21 April 2015. The stock had hit a 52-week low of Rs 15.25 on 17 December 2014.
The stock had outperformed the market over the past one month till 24 September 2015, gaining 5.96% compared with Sensex's 0.47% rise. The scrip had, however, underperformed the market in past one quarter, sliding 33.85% as against Sensex's 6.73% fall.
The small-cap company has equity capital of Rs 26.39 crore. Face value per share is Rs 2.
Credit Suisse (Singapore) was the seller in the bulk deal.
On consolidated basis, Arshiya reported a net loss of Rs 126.38 crore in Q1 June 2015, higher than net loss of Rs 121.10 crore in Q1 June 2014. Net sales rose 19.4% to Rs 87.90 crore in Q1 June 2015 over Q1 June 2014.
Arshiya is an integrated supply chain and logistics infrastructure solutions provider.
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