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  1. EIH, Kalyan Jewellers, Syrma SGS shares spurt amid heavy volumes; check full list

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EIH, Kalyan Jewellers, Syrma SGS shares spurt amid heavy volumes; check full list

SUMMARY

EIH shares advanced as much as 9.34% to hit an intraday high of ₹352 amid surge in trading activity. Trading volume in the stock jumped by 6.5 times to 12.68 lakh shares compared with an average volume of 1.94 lakh shares.

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Kalyan Jewellers shares rose for a second straight session and jumped as much as 17% to hit an intraday high of ₹439. | Image: Shutterstock

The Indian equity benchmarks held on to gains in noon deals on Thursday, July 9, as sentiment got a boost after the government said it has waived basic customs duty on key components for electronics manufacturing.

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The SENSEX rose as much as 823 points and NIFTY50 index touched an intraday high of 24,135 led by gains in index heavyweights like Bharti Airtel, HDFC Bank, Reliance Industries, Sun Pharma and Eternal.

As of 12:11 pm, the SENSEX was up 593 points at 77,096 and NIFTY50 index advanced 177 points to 24,058.

Here are stocks witnessing heavier than usual trading volumes:
EIH: Shares of the Oberoi Hotel chain operator advanced as much as 9.34% to hit an intraday high of ₹352 amid surge in trading activity.

Trading volume in the stock jumped by 6.5 times to 12.68 lakh shares compared with an average volume of 1.94 lakh shares.

On the BSE, 63,000 shares changed hands compared with an average volume of 14,000 shares traded daily in the past two weeks.

Dr Reddy's Labs: Shares of the country's leading drugmaker declined as much as 6.5% to touch an intraday low of ₹1,261 after the company said commercial supplies of its semaglutide product would be delayed due to an active pharmaceutical ingredient (API)-related quality issue.

The company said certain batches of semaglutide were found to be out of specification and that it is investigating the root cause, while maintaining that there is no impact on patient safety or the product's existing global regulatory filings.

Trading volume jumped 5.4 times to 59 lakh shares compared with an average volume of 11 lakh shares.

On the BSE, as many as 2.41 lakh shares changed hands compared with an average of 1.21 lakh shares traded daily in the past two weeks.

Kalyan Jewellers: Shares of the jewellery retailer rose for a second straight session and jumped as much as 17% to hit an intraday high of ₹439 amid spike in trading activity.

Trading volume jumped by 4.1 times to 7.38 crore shares compared with an average volume of 1.77 crore shares.

On the BSE, 71 lakh shares were traded compared with an average of 10.72 lakh shares traded daily in the past two weeks.

Syrma SGS Technology: Shares of the electronics manufacturing services (EMS) provider jumped as much as 5.65% to hit an intraday high of ₹1,439.65 mirroring gains in other EMS shares after the government said it has waived basic customs duty on key components for electronics manufacturing.

Trading volume in the stock spiked by 2.4 times to 23.11 lakh shares compared with an average volume of 9.75 lakh shares.

Gravita India: Shares of the country's leading recycling company advanced as much as 7.25 to hit an intraday high of ₹1,851 amid spike in trading activity.

Trading volume in the stock jumped by 2.3 times to 8.54 lakh shares compared with an average volume of 3.71 lakh shares.

On the BSE, 44,000 shares changed hands compared with an average of 17,000 shares traded daily in the past two weeks.

About The Author

Abhishek Vasudev.jpg
Abhishek Vasudev is a business journalist with over 15 years of experience covering business and markets. He has worked for leading media organisations of the country.

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