Shares of Swan Energy jumped over 9% to the day’s high of Rs 457.10 on the NSE on Tuesday while those of Sanghi Industries soared 5% to Rs 129.25 following separate block deals.
In the case of Swan Energy, 8,499,319 shares were sold for Rs 414 per share according to the information available on the NSE. The stock saw significant volume action following the deal with nearly 87 lakh shares changing hands on the NSE around 10:10 am. The stock is trading near its 52-week high of Rs 463.80 which it hit on November 12, 2023. Today’s gains take the rally to the second session in a row.