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Volumes jump at Marico counter

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Capital Market

Sequent Scientific, Shree Cement, NIIT Technologies, and Financial Technologies (India) are among the other stocks to see a surge in volumes on BSE today, 16 July 2014.

Marico clocked volume of 25.49 lakh shares by 13:52 IST on BSE, a 210.46-times surge over two-week average daily volume of 12,000 shares. The stock rose 1.12% at Rs 239.15.

Sequent Scientific notched up volume of 10.78 lakh shares, a 140.05-fold surge over two-week average daily volume of 8,000 shares. The stock was locked at 5% upper circuit at Rs 384.30.

Shree Cement saw volume of 12,000 shares, a 26.29-fold surge over two-week average daily volume of 457 shares. The stock rose 1.32% at Rs 7,256.60.

 

NIIT Technologies clocked volume of 3.52 lakh shares, a 8.53-fold surge over two-week average daily volume of 41,000 shares. The stock tumbled 7.21% at Rs 379.70, as the company's target of 16% EBIDTA margin for FY 2015 is lower compared with its earlier guidance of 17% due to lower revenue in Q1 June 2014.

Financial Technologies (India) saw volume of 12.20 lakh shares, a 6.47-fold rise over two-week average daily volume of 1.89 lakh shares. The stock jumped 9.29% at Rs 266.35.

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First Published: Jul 16 2014 | 1:51 PM IST

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