Shares of Alok Industries Ltd. were locked in upper circuit of 20% on Tuesday after multiple large trades.
At least 55.4 lakh shares, or 0.1% equity, changed hands in multiple large trades at Rs 25.1 apiece, according to Bloomberg data. Buyers and sellers were not known immediately.
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Shares of Alok Industries were locked in an upper circuit of 20% at Rs 25.80 apiece as of 2:20 p.m., the highest level since May 6, 2022. This compares to a 0.52% decline in the NSE Nifty 50.
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It has risen 20.84% on a year-to-date basis. Total traded volume so far in the day stood at 4.1 times its 30-day average. The relative strength index was 72.82.
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