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ITDC zooms 20% on heavy volumes

SI Reporter/Mumbai 21 Apr 17 | 03:23 PM
 ITD Cementation India Ltd
tradenow

BSE   24 May 17 | 04:01 PM

173.45  -5.25 (-2.94%)

NSE   24 May 17 | 03:53 PM

172.95  -6.3 (-3.51%)

Shares of India Tourism Development Corporation (ITDC) is locked in upper circuit of 20% at Rs 630, also its fresh 52-week high on BSE on the back of heavy volumes.

Till 03:15 pm; a combined 1.72 million equity shares representing 2% of total equity of ITDC have changed hands. There were pending buy orders for 51,820 shares on the BSE and NSE.

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According to PTI reports, the government is considering leasing ITDC hotels with management right to private companies as part of its efforts to monetise the properties owned the state-run firm.

Thus far in the calendar year 2017, the stock rallied nearly 200% from Rs 213 at the beginning of the year, as compared to 10.5% rise in the S&P BSE Sensex.

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Sensex

Company Price Gain (%)
Tata Motors469.454.30
GAIL (India)390.202.56
Adani Ports340.052.41
Hind. Unilever1,038.051.76
TCS2,557.801.48

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