BOC India, which supplies gases and mixtures to several industries, rallied 44 percent in three consecutive sessions since Friday.
The stock was locked at 20 percent upper circuit on Friday and rose 1 percent on Monday. Meanwhile, the share surged nearly 19 percent in intraday trade on Tuesday.
Shares jumped 16.68 percent to close at Rs 357.10 on Bombay Stock Exchange.
Volumes have been increasing since Friday. Today's trading volumes increased 7 times to 5,33,816 equity shares as against five-day average of 73,976 shares.
The share touched its 52-week high Rs 530 and 52-week low Rs 248.75 on 18 April, 2012 and 13 March, 2013, respectively.
Market capitalisation of the company currently stands at Rs 3,045.50 crore.
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