Mercator promoters has revoked 43 lakh pledged shares, reports CNBC-TV18.
The share touched an intraday high of Rs 24.90 and an intraday low of Rs 23.40. At 11:20 hrs the share was quoting at Rs 24.80, up Rs 1.50, or 6.44%.
It was trading with volumes of 411,994 shares. In the previous trading session, the share closed up 6.15% or Rs 1.35 at Rs 23.30.
The company touched its 52-week high Rs 50.70 and 52-week low Rs 15.80 on 24 Jan, 2011 and 28 Dec, 2011, respectively. Currently, it is trading -51.08% below its 52-week high and 56.96% above its 52-week low. Market capitalisation stands at Rs 607.33 crore.