Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksVarun Ind Madagascar arm in MoU with PSU; stock up 5.5%

    Varun Ind Madagascar arm in MoU with PSU; stock up 5.5%

    Varun Industries Madagascar arm is in MoU with PSU under atomic energy department. The company will sell 0.5 mtpa rare earth to PSU in 8-10 months, reports CNBC-TV18. It touched a 52-week high of Rs 262.90. At 11:50 hrs the share was quoting at Rs 259.35, up Rs 13.60, or 5.53%.

    July 22, 2011 / 11:56 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Varun Industries touched a 52-week high of Rs 262.90. At 11:50 hrs the share was quoting at Rs 259.35, up Rs 13.60, or 5.53%.


      The company's Madagascar arm is in MoU with PSU under atomic energy department. The company will sell 0.5 mtpa rare earth to PSU in 8-10 months, reports CNBC-TV18.
       
      It was trading with volumes of 1,132,869 shares, compared to its 5-day average of 543,954 shares, an increase of 108.27%.
       
      In the previous trading session, the share closed up 3.93% or Rs 9.30 at Rs 245.75.

      Share Price Movement During The Last 12 Months
      PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
      3-Days239.90259.3519.458.11
      5-Days207.05259.3552.3025.26
      7-Days204.25259.3555.1026.98
      15-Days229.95259.3529.4012.79
      1-Month171.80259.3587.5550.96
      3-Month231.00259.3528.3512.27
      6-Month213.00259.3546.3521.76
      9-Month227.70259.3531.6513.90
      1-Year123.65259.35135.70109.75

      first published: Jul 22, 2011 11:52 am

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347