Block deal in Piramal Life Sciences; stock gains 4.8%

There was a block deal of 28.09% equity shares of Piramal Life Sciences on BSE at Rs 36 per share, reports CNBC-TV18.

At 10:04 hrs Piramal Life Sciences was quoting at Rs 39.70, up Rs 1.85, or 4.89%. It has touched an intraday high of Rs 39.70 and an intraday low of Rs 36.
 
There were pending buy orders of 152,193 shares, with no sellers available.
 
It was trading with volumes of 7,332,825 shares, compared to its five day average of 84,546 shares, an increase of 8,573.18%.
 
In the previous trading session, the share closed down 4.90% or Rs 1.95 at Rs 37.85.
 
The share touched its 52-week high Rs 47.80 and 52-week low Rs 6.11 on 21 December, 2012 and 03 January, 2012, respectively.
 
Currently, it is trading 16.95% below its 52-week high and 549.75% above its 52-week low.
 
Market capitalisation stands at Rs 103.06 crore.