Ashoka Buildcon gains over 5% after block deal

India Infoline News Service | Mumbai | August 30, 2017 12:09 IST

The stock of Ashoka Buildcon advanced over 5% on the BSE during Wednesday’s trade after a block deal. The stock witnessed trade of 13,32,000 shares worth Rs 25.4 crore in a block on the NSE at Rs 188 per share.

Stock up
The stock of Ashoka Buildcon advanced over 5% on the BSE during Wednesday’s trade after a block deal. The stock witnessed trade of 13,32,000 shares worth Rs 25.4 crore in a block on the NSE at Rs 188 per share.
 
Block deal is a trade, with a minimum quantity of 5 lakh shares or minimum value of Rs 5 crore, executed through a single transaction, on the special block deal window on the bourses.
 
Ashoka Buildcon was trading at Rs 195.80 per share, up by Rs 9.55 or 5.13% as at 1145 hours on Wednesday, on the BSE. The stock has hit an intraday high and low of Rs 199.20 and Rs 187, respectively. It witnessed a spurt in volume by more than 189.04 times.
 
The stock attracted a traded volume of 16,63,137 shares and traded value of Rs 3,150.31 lakh on the NSE. The company had hit its 52-week high of Rs 230.90 on April 7, 2017, and 52-week low of Rs 130.10 on November 9, 2016, on the NSE.

***Note: This is a NSE Chart

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