Sudarshan Chemical has seen a tremendous rise in both the volume and the price. This surge is the result of Morgan Stanley Asia (Singapore) buying the bulk of Sudarshan shares. Morgan Stanley Asia bought 3, 64,070 shares of Sudarshan Chemical Industries at Rs 302.50 on the NSE, which was the prevailing price at that time. Also, the company has declared the dividend of Rs. 0.50 on each share.
Stock Watch:
Apart from the rise in volume, Sudarshan Chemical Share Price has seen the surge of over 7 percent on NSE while as the session progressed the scrip was trading at Rs. 322.55 with a rise of over 5.50 percent. Sudarshan Chemical share price made a new lifetime high and 52 weeks high of Rs. 332. It is fascinating to note that the scrip had recently made the lifetime high and 52 weeks high of Rs. 313.50 on 26 July 2016. This bulk deal has resulted in Sudarshan Chemical Share Price breaks its recently set high. Also, the volume has surged manifolds, from the Average Volume of 721803 for 20 days; it has turned over six lakhs. The stock is identified by Dynamic Levels as a Multibagger for the month. The stock is being traded in high volume and can yield significant returns.
About Sudarshan Chemicals:
Sudarshan Chemicals Produces and Develops a variety of high-quality organic and inorganic pigments and effect pigments for the coatings, plastics, cosmetics and specialty industries. The company has the expertise of over 60 years. The company has the presence in over 85 countries and has 750 employees with two production facilities in India.
Stock Watch:
Apart from the rise in volume, Sudarshan Chemical Share Price has seen the surge of over 7 percent on NSE while as the session progressed the scrip was trading at Rs. 322.55 with a rise of over 5.50 percent. Sudarshan Chemical share price made a new lifetime high and 52 weeks high of Rs. 332. It is fascinating to note that the scrip had recently made the lifetime high and 52 weeks high of Rs. 313.50 on 26 July 2016. This bulk deal has resulted in Sudarshan Chemical Share Price breaks its recently set high. Also, the volume has surged manifolds, from the Average Volume of 721803 for 20 days; it has turned over six lakhs. The stock is identified by Dynamic Levels as a Multibagger for the month. The stock is being traded in high volume and can yield significant returns.
About Sudarshan Chemicals:
Sudarshan Chemicals Produces and Develops a variety of high-quality organic and inorganic pigments and effect pigments for the coatings, plastics, cosmetics and specialty industries. The company has the expertise of over 60 years. The company has the presence in over 85 countries and has 750 employees with two production facilities in India.
No comments:
Post a Comment