Steel and iron manufacturing company Adhunik Industries stock rises over 11%
DSIJ Intelligence / 03 Aug 2017
During Thursday’s trade on the BSE, steel and iron manufacturing company, Adhunik Industries skyrocketed over 11%. The stock witnessed a spurt in volume by more than 2.71 times.
During Thursday’s trade on the BSE, steel and iron manufacturing company, Adhunik Industries skyrocketed over 11%. The stock witnessed a spurt in volume by more than 2.71 times.
At Rs 105.15, Adhunik Industries was trading up by Rs 9.85 or 10.34% as of 1501 hours on the BSE. The stock hit its intraday high and low of Rs 110.30 and Rs 95.40, respectively.
Adhunik Industries is engaged in the business of manufacturing iron and steel products. The company is primarily involved in the manufacture of sponge iron, thermo mechanical treatment (TMT) bars, rounds and wire rods. The company’s TMT bars and wire rods are mainly used in the construction industry.
The stock attracted traded value of Rs 723.55 lakh and traded volume of 6,98,681 shares on the NSE. The company had hit its 52-week high of Rs 193.95 on August 10, 2016 and 52-week low of Rs 88.20 on August 2, 2016.
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