Garware Wall Ropes shot above its 50-day line on huge volumes, thanks to solid financial results in Q1 FY 2018. The Company’s sales and revenues grew at the pace of 10.3% and 35.6% y/y, respectively, driven by strong demand from export markets.
Vadilal Industries broke out to new highs after huge buying interest in the scrip sent the stock soaring by almost 20%. The stock broke out of a 22-week long consolidation base today.
One of India’s leading home loan providers, PNB Housing Finance witnessed strong price action today. The stock jumped 5.4% on almost four times the 50-day average volumes.
Heritage Foods paid no heed to today’s market decline. Despite market sentiment turning bearish after North Korea’s missile launch, the stock went on to hit a new high in today’s session.