Industrial Manufacturing Company Ador Welding stocks jumps 20% on heavy volumes
Shital Jibhe / 12 Jun 2017
Ador Welding Limited is an industrial manufacturing company engaged in the manufacture of manual metal arc welding/brazing electrodes, continuous welding electrodes, arc welding/braze welding fluxes, and welding and cutting equipment and accessories.
Ador Welding Limited is an industrial manufacturing company engaged in the manufacture of manual metal arc welding/brazing electrodes, continuous welding electrodes, arc welding/braze welding fluxes, and welding and cutting equipment and accessories. Its stocks jumped over 20% on heavy volumes on Monday’s trading sessions. The stocks trading volume rose 196.2 times its 20-day average on the NSE.
The stock hit its 52-week high of Rs 395.10 per share. It had hit its 52-week low of Rs 255 per share on August 5, 2016.
Delivering a 35% return in a period of one year, the stock has underperformed the BSE Small Cap and