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Volumes jump at Redington India counter

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Capital Market

Techno Electric & Engineering Company, Persistent Systems, Infosys and Amara Raja Batteries are among the other stocks to see a surge in volumes on BSE today, 29 May 2014.

Redington India clocked volume of 6.73 lakh shares by 12:35 IST on BSE, a 8.73-times surge over two-week average daily volume of 77,000 shares. The stock rose 3.91% to Rs 100.95.

Techno Electric & Engineering Company notched up volume of 7.03 lakh shares, a 6.22-fold surge over two-week average daily volume of 1.13 lakh shares. The stock jumped 5.20% to Rs 255.

Persistent Systems saw volume of 1.55 lakh shares, a 3.62-fold surge over two-week average daily volume of 43,000 shares. The stock rose 2.39% to Rs 1068.90.

 

Infosys clocked volume of 2.58 lakh shares, a 3.49-fold surge over two-week average daily volume of 74,000 shares. The stock slumped 7.20% to Rs 2,943.95 after the company announced the resignation of B. G. Srinivas, president and member of the board, effective 10 June 2014. The announcement was made after market hours on Wednesday, 28 May 2014.

Amara Raja Batteries saw volume of 1.44 lakh shares, a 2.98-fold rise over two-week average daily volume of 49,000 shares. The stock rose 6.35% to Rs 417.

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First Published: May 29 2014 | 12:43 PM IST

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