Sundaram Brake gallops over 18%

India Infoline News Service | Mumbai | October 06, 2017 15:28 IST

Stock up
The stock of Sundaram Brake Linings was on a roll during Friday’s trade as it galloped over 18% on the BSE. The stock traded on a new 52-week high value of Rs 718.50 per share on Friday, on the BSE.
 
Sundaram Brake Linings was trading at Rs 718.50 per share, up by Rs 114.30 or 18.92% as at 1502 hours on Friday, on the BSE. The stock witnessed a spurt in volume by more than 7.62 times.
 
It attracted a traded volume of 2,33,740 shares and traded value of Rs 1,582.26 lakh on the NSE. The company traded on a record high value during Friday’s trade and had hit its 52-week low of Rs 356.60 on March 27, 2017 on the NSE.
 
Sundaram Brake Linings Limited is engaged in the manufacture of automotive, non-automotive, railways and industrial friction materials. The company offers products, including Brake Linings, Clutch Facings, Disc Brake Pad and others.