Su-raj Diamonds allots 3.63cr shares to FIIs; stk rises 20%

Su-raj Diamonds and Jewellery has allotted 3.63 crore shares at issue price of Rs 55 per share to FIIs. It has allotted 35% preferential equity to 4 FIIs, reports CNBC-TV18.

It touched an intraday high of Rs 56.60 and an intraday low of Rs 47.35. At 13:33 hrs the share was quoting at Rs 56.60, up Rs 9.40, or 19.92%.
 
There were pending buy orders of 44,245 shares, with no sellers available. 
It was trading with volumes of 365,259 shares, compared to its 5-day average of 14,301 shares, an increase of 2,454.04%.
 
In the previous trading session, the share closed up 1.29% or Rs 0.60 at Rs 47.20.