Jyothy Labs soars 14% on heavy volumes, zooms 91% in 3 months; here's why

The average trading volumes jumped over five-fold, with a combined 6.37 million shares representing 1.7% of total equity of Jyothy Labs changing hands on the NSE and BSE till 02:58 PM.

Shares of Jyothy Labs soared 14 per cent, on heavy volumes, to hit a new high of Rs 411.30 on the BSE in Tuesday’s intra-day trade in an otherwise weak market. The stock of household products company surpassed its previous high of Rs 390 touched on September 13, 2023.

The average trading volumes at the counter jumped over five-fold today. A combined 6.37 million equity shares representing 1.7 per cent of total equity of Jyothy Labs changed hands on the NSE and BSE till 02:58 PM. In comparison, the S&P BSE Sensex was down 0.47 per cent at 65,520.