Shares of Pipavav Defense & Offshore Engineering Ltd was up 4% and is trading at Rs. 78.
The stock has hit a high of Rs. 79 and a low of Rs. 75.
Total traded quantity on the counter stood at over 13.42 lk shares.
Latest media reports doing rounds suggest that both Mahindra group and Hero MotoCorp are interested in buying stake in Pipavav Defence & Offshore Engineering. No final decisions have been made yet.
Meanwhile, Sensex is trading at 28,931 up 85 points, while Nifty is trading at 8,742 up 58 points.