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Volumes jump at Akzo Nobel India counter

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Capital Market

Tata Metaliks, Oricon Enterprises, NHPC and Idea Cellular are among the other stocks to see a surge in volumes on BSE today, 29 April 2016.

Akzo Nobel India clocked volume of 42,000 shares by 13:46 IST on BSE, a 49.08-times surge over two-week average daily volume of 1,000 shares. The stock rose 0.29% at Rs 1,324.

Tata Metaliks notched up volume of 5.31 lakh shares, a 8.85-fold surge over two-week average daily volume of 60,000 shares. The stock surged 9.81% at Rs 124.30.

Oricon Enterprises saw volume of 8.20 lakh shares, a 4.93-fold surge over two-week average daily volume of 1.66 lakh shares. The stock jumped 6.86% at Rs 61.50.

 

NHPC clocked volume of 53.29 lakh shares, a 4.89-fold surge over two-week average daily volume of 10.91 lakh shares. The stock fell 2.13% at Rs 20.70.

Idea Cellular saw volume of 17.62 lakh shares, a 4.68-fold rise over two-week average daily volume of 3.77 lakh shares. The stock tumbled 7.7% at Rs 116.80 after consolidated net profit fell 38.87% to Rs 575.63 crore on 10.63% growth in total income to Rs 9524.09 crore in Q4 March 2016 over Q4 March 2015. Earnings before interest, taxation, depreciation and amortization (EBITDA) margin improved to 38.1% in Q4 March 2016 from 36.4% in Q4 March 2015. EBITDA rose 18% to Rs 3616 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday, 28 April 2016.

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First Published: Apr 29 2016 | 1:45 PM IST

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