Abbott India: The stocks of Abbott India went up Rs 2,841, up 19% to Rs 16,869. Around 45,000 shares in volume have been traded so far today. The share price increased 5.7% since the last week and has fallen 0.9% since the last month, per Trendlyne data.
According to reports, Abbott Laboratories USA, the holding company has received approval to launch 5-minute coronavirus (COVID-19) test for use almost everywhere. The test conducted by Abbott Laboratories can tell if someone is infected in as little as five minutes, and is small and easily portable. Abbott India is a subsidiary of Abbott Laboratories and is listed in 40 screeners on Trendlyne.
EID Parry (India): The share price of EID Parry (India) jumped 12.6% to Rs 140.8 as of this writing. Around 3.9 lakh shares in volume have been traded so far. The stock price gained 10.5% since the last week and is down 25.2% since the last month. EID Parry (India) had released a circular on March 24, 2020 stating that all its operating across the country in India stays suspended due to directives received from the Central and State Government until further notice. The company is listed in 39 screeners on Trendlyne.
Balrampur Chini Mills: The share price of Balrampur Chini Mills rose10% to Rs 99.2 while around 1.1 million stocks in volume have been traded so far. The stock price is up 11% since the past week and has plummeted 30.5% since the last month.
Balrampur Chini Mills issued a notice on March 26, stating that ICICI Bank has invested Rs 510.9 million in the Associate Company (Auxilo Finserve Pvt Ltd) by way of subscription to its 3,40,62,153 equity shares of Rs 10 face value per share, constituting 9.9% of its Equity Share Capital at a premium of Rs 5 per share, pursuant to the definitive agreements executed on March 25, 2020. Balrampur Chini Mills is listed in 43 screeners on Trendlyne.
DCM Shriram: The stock price of DCM Shriram rallied 10% to Rs 224.2 as of now. Around 2 lakh shares in volume have been traded so far. The share price has fallen 10.5% since the past week and 31.8% since the last month.
According to The Hindu Business Line, DCM Shriram which had two chemical plants producing caustic soda and other chemicals in Kota, Gujarat and Bharuch has repurposed these plants to produce disinfectant sodium hypochlorite and supply to government authorities free of cost. A DCM spokesperson said, “We would be producing a total of 1.65 lakh litres of sodium hypochlorite to supply to each Rajasthan district. If there is more requirement, we would be ready to supply that as well”. DCM Shriram is listed in 41 screeners on Trendlyne.
KRBL: KRBL’s shares surged 10% to Rs 122.6 while around 1.3 lakh shares in volume have been traded so far. The share price is down 27.1% since the last week and 51% since the last month.
The company has issued a circular stating that all operations of the company remain suspended against the spread of COVID-19. The corporate office is closed, and all the necessary work is being done from home. The company endeavours to meet all the requirement of consumers and is taking measures to ensure supply, being in essential foods. KRBL is listed in 38 screeners on Trendlyne.