Financial Daily from THE HINDU group of publications
Thursday, Apr 06, 2006
Financial Daily from THE HINDU group of publications Thursday, Apr 06, 2006 |
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Markets
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Stock Markets Columns - Ear to the ground Rajesh Abraham
TVS Motor Company Ltd flared up by over 11 per cent on good volumes on Wednesday after a leading brokerage house came out with a `buy' recommendation on the company, dealers said. The shares touched its 52-week high of Rs 186.70 on the BSE, before closing at Rs 175.45, a gain of 11.54 from Tuesday's close of Rs 157.30. Dealers said the company's March sales figure, which showed a substantial increase of 19 per cent on the two-wheeler sales, was another factor that led to the rally. On the BSE, about 25.89 lakh shares were traded as compared to the two-week average of 4.5 lakh shares. On the NSE, about 87 lakh shares were traded.
More Stories on : Stock Markets | Ear to the ground | Two/Three Wheelers
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