Shares of Ramky Infrastructure hit a fresh 52-week high of Rs 241.60, on surging 15 per cent on the BSE in Wednesday’s intra-day trade on back of three-fold jump in trading volumes. The stock of construction & engineering company was quoting higher for the sixth trading day, zooming as much as 62 per cent during the period.
At 12:40 pm, Ramky Infra was up 8 per cent at Rs 226.75, as compared to 1.5 per cent rise in the S&P BSE Sensex. A combined 1.6 million equity shares representing 2.3 per cent of total equity of the company had changed hands on the NSE and BSE.
The BSE said the Exchange has sought clarification from Ramky Infrastructure on December 8, 2021, with reference to movement in volume. The reply is awaited.