Somany Ceramics impresses with surge in volume
DSIJ Intelligence / 27 Jul 2017
The stock jumped by nearly 11% to touch its intraday high of Rs 851.95 per share. The total traded volume of the stock as of 1216 hours stood at 1,41,852 shares and traded value stood at Rs 11.45 crore.
Somany Ceramics, engaged in the furniture and paints business, is creating waves on the bourses on account of a rise in volume and high turnover traded in the stock.
The stock jumped by nearly 11% to touch its intraday high of Rs 851.95 per share. The total traded volume of the stock as of 1216 hours stood at 1,41,852 shares and traded value stood at Rs 11.45 crore. The stock has witnessed spurt in volume by more than 303.12 times.
The stock has gained around 31% in the past six months and 27% in past one year.
Somany Ceramics specialises in ceramics and allied products segment. Over the last four decades, the company has established itself as an unchallenged leader in the Indian ceramic industry and has created a significant presence in India, Africa, the Middle East, United Kingdom and Russia.
The company provides packaged solutions in décor and its range of products include ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, digital tiles, sanitaryware and bath fittings as well as tile laying solutions.
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