172@29@17@102!~!172@29@0@53!~!|news|business|stocks|gmm-pfaudler-shares-hit-upper-circuit-jump-10-in-2-days-5903061.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=false
Moneycontrol
Watch experts decode 'The rise of ESG investing' on October 29 at 4pm. Register Now!
Last Updated : Sep 30, 2020 10:00 AM IST | Source: Moneycontrol.com

GMM Pfaudler shares hit upper circuit, jump 10% in 2 days

The scrip witnessed spurt in volume by more than 3.36 times and was trading with volumes of 63,143 shares, compared to its five day average of 28,321 shares, an increase of 122.95 percent.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

GMM Pfaudler share price gained 5 percent intraday on September 30 hitting upper circuit of Rs 4.12.85 per share on BSE after Plutus Wealth Management bought shares of the glass-lined equipment maker.

The firm bought 1,65,000 shares of GMM Pfaudler at Rs 3,528.75 per share, according to data available on NSE.

Capture

Close

The stock was trading at Rs 4,007, up Rs 185.20, or 4.85 percent. It has touched an intraday high of Rs 4,012.85 and an intraday low of Rs 3,800. It has jumped 10 percent in the last 2 days after plunging over 35 percent in the last 7 days.

The scrip witnessed spurt in volume by more than 3.36 times and was trading with volumes of 63,143 shares, compared to its five day average of 28,321 shares, an increase of 122.95 percent.

Capture

According to Moneycontrol SWOT Analysis powered by Trendlyne, FII / FPI or institutions increasing their shareholding with the company efficient in managing assets to generate profits - ROA improving since last 2 years

However, Moneycontrol technical rating is very bearish with moving averages and technical indicators being bearish.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​
First Published on Sep 30, 2020 10:00 am
Sections