Shares of Amar Remedies, a manufacturer and exporter of premier personal hygiene products, gained as much as 7% intraday on Wednesday. Mentor Capital had bought 6 lakh shares of the company worth Rs 4.3 crore yesterday.
At 14:29 hours IST, the share was trading at Rs 75.40, up Rs 3.70, or 5.16% after hitting a 52-week low of Rs 64.55 earlier today.Even its trading volumes increased 890% to 32,28,667 equity shares as compared to its 5-day average of 3,26,116 shares. Yesterday, the share tanked 10% to close at Rs 71.70. Market capitalisation of the company currently stands at Rs 197.28 crore.
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