Infrastructure development company SKIL Infrastructure Ltd. rose to its highest in nearly 10 months.
The stock rose as much as 10.75 percent on Monday, with trading volumes at 6.1 times its 20-day average on the National Stock Exchange.
The company, which has a market capitalisation of just under Rs 640 crore, has gained more than 30 percent in the last five sessions. The Relative Strength Index reading for the stock is at 80, indicating it may be overbought.
The company is slated to announce its March quarter earnings on May 11.
#BQSpotted by @OnlyNickey | SKIL Infrastructure rallies... againhttps://t.co/x3E7Rd1DT9 pic.twitter.com/RkqKRxwj4M
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