Friday 24 July 2015

ABG Shipyard rallies after block deal

The stock has rallied over 7 percent on the BSE.


ABG Shipyard has zoomed to a high of Rs. 211 - up 7.1 percent following a huge block deal.

The BSE counter has witnessed a huge block deal of around 6.5 million shares at around Rs. 198.

The stock is now up 5.5 percent at Rs. 208. The counter has seen heavy volume of around 6.9 million shares as against the two-week daily average volume of around 53,000 shares on the BSE.

Meanwhile, the Sensex has slipped 78 points to 28,291.

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