Thursday 26 February 2015

Sundaram Finance spurts 2.5% after block deal

The stock so far has jumped 4.4 per cent at a high at Rs. 1,545. 

Sundaram Finance has jumped over 4 per cent after 1.5 per cent equity changed hands at the BSE counter in multiple block deals.

Around 16.8 lakh shares were executed at the BSE counter at Rs. 1,530.

Soon, the stock jumped to a high of Rs. 1,545 - up 4.4 per cent from its previous close. Now, the stock is up 2.5 per cent at Rs. 1,517.

The counter has seen trades of around 1.7 million shares on the BSE, as against two-week daily average volume of 3,342 shares.

Meanwhile, the Sensex has shed 71 points at 28,937. 

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