by Ritmbarah Arora
KNR Constructions: The share price of KNR Constructions surged 8.5% to Rs 276.2 as of now. Around 9.9 lakh shares in volume have been traded so far. The share price of KNR Constructions is up 5.7% since the past week and 21.9% since the last month. The company has entered into a share purchase agreement with Cube Highways and Infrastructure III Pte to sell its entire stake in a toll road BOT asset viz. KNR Walaykar Tollways Private Limited (SPV), as per MoneyControl. The enterprise value of the assets for this transaction is Rs 529.3 crore and is expected to close within three months. KNR Constructions is listed in 16 screeners on Trendlyne.
Rain Industries: The shares of Rain Industries jumped 14.9% to Rs 122.3 today. Around 9.7 million shares in volume have been traded so far. The share price of Rain Industries is up 14.3% since the last week and 30.9% since the last month, as per Trendlyne data. The company is listed in 13 screeners on Trendlyne.
Jindal Stainless: The share price of Jindal Stainless jumped 13.5% to Rs 46.8 as of this writing. Around 10.3 million shares in volume have been traded today so far. The share price increased 19% since the last week and 24.8% since the last month. Four lenders which includes State Bank of India, Punjab National Bank, Allahabad Bank and IDBI Bank have offloaded shares of the company on January 9, 2020, worth Rs 94 crore. A total of 2.4 crore shares were sold by the lenders at an average price of Rs 38.6. In the meanwhile, Kotak Special Situations Fund bought around 2.4 crore shares of Jindal Stainless for over Rs 95.7 crore in a bulk deal. Jindal Stainless is listed in 19 screeners on Trendlyne.
Chennai Petroleum Corporation: The shares of Chennai Petroleum Corporation skyrocketed 11.4% to Rs 126.7 while around 7.5 lakh shares in volume have been traded so far. The share price increased 3.3% since the last week and 14.1% since the last month. The company had touched its 52-weeks low on December 5, 2019 at Rs 115.6. Chennai Petroleum is listed in 13 screeners on Trendlyne.
Bombay Dyeing & Manufacturing Company: The shares of Bombay Dyeing & Manufacturing Company rose 7.8% to Rs 91 in the stock market today. Around 8.4 million shares in volume have been traded so far. As per Trendlyne data, the share price increased 9.3% since the last week and 26.6% since the last month. Bombay Dyeing is listed in 16 screeners on Trendlyne.