Thursday, 4 December 2014

KPIT Tech zooms after block deal

KPIT Technologies after trading on a quiet note in the first half, suddenly strengthened gains on the BSE after 16 lakh shares have changed hands at the counter at Rs. 173 on the BSE today.

The stock zoomed 7.6 per cent from the day's low of Rs. 171 to touch a high of Rs. 184.

The share price of KPIT Technologies is now up 5.3 per cent at Rs. 182. On the BSE, so far 2.7 million shares have been traded at the counter, as against the daily average volume of 261,000 shares in the past two weeks.

Meanwhile, the BSE Sensex is up 56 points at 28,498.

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