May 08, 2012, 05.03 PM IST

Automobile Corporation of Goa hits 52-week high

Automobile Corporation of Goa gained as much as 7.36% to touch an intraday high of Rs 379 after the CNBC-TV18 reported quoting sources that the company emerged as the L1 bidder for bus order from MSRTC.

Source: Moneycontrol.com
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Automobile Corporation of Goa gained as much as 7.36% to touch an intraday high of Rs 379 after the CNBC-TV18 reported quoting sources that the company emerged as the L1 bidder for bus order from MSRTC. Tata Motors holds 46.43% stake in the company.


The stock has touched a 52-week high of Rs 379, before closing up 0.62% at Rs 355.25.
 
Even traded volumes increased 431% to 8,815 shares as compared to its 5-day average of 1,661 shares. Market capitalisation of the company stands at Rs 228.13 crore.


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