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Mercator Lines ended 19 per cent higher on the BSE at Rs 39.90. Rumours of the company going in for a large-scale acquisition are said to be driving prices at this counter.

As per market talk, the company is on the threshold of acquiring four ships at a cost of $150 million. The stock has appreciated by almost 35 per cent week on week and 25 per cent month on month, on the BSE.

Deeptha Rajkumar
Amit Mitra

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