Sudarshan Chemicals

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Hakish, Oct 16, 2015.

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  1. Hakish

    Hakish New Member

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    Can someone attribute reasons for a 13% intra day rise in its stock price. I can see a huge surge in trading volumes in the past week. I also do not see any stock specific announcements being made. Any ideas?
    Prev. Close
    113.50
    Open Price
    114.40

    LTP 129.20 15.70     (+13.83%)
     
    Last edited: Oct 16, 2015
    Hakish, Oct 16, 2015
    #1
  2. Carl Icahn

    Carl Icahn Active Member

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    There appears to be no apparent reason. A lot of stocks are flying with no apparent reason. It could be expectations that the quarterly results are going to be good. Maybe some big investor bought a bulk quantity.
     
    Carl Icahn, Oct 16, 2015
    #2
  3. sumitra

    sumitra Member

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    The given information about the Sudarshan Chemicals are useful for all the traders. Thanks for sharing....
     
    sumitra, Jul 20, 2016
    #3
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