Jan 04, 2013, 12.39 PM | Source: Moneycontrol.com
Shares of Zodiac Clothing Company surged as much as 20 percent to touch a new 52-week high of Rs 268.90 on Friday on follow-up buying.
Yesterday Nemish Shah and Akash Bhansali of Enam have acquired 24.3 lakh shares (or 12.6 percent stake) in the company at Rs 173/share via bulk deals .
At 12:27 hours IST, the share rose 10 percent to Rs 246.70 on the Bombay Stock Exchange.
In the previous trading session, the share rallied 20 percent to close at Rs 224.40.