CapitalMarket.com - Volumes jump at Cairn India counter
Hot Pursuit Friday, June 29, 2012 13:24 Hrs IST

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Volumes jump at Cairn India counter

Karur Vysya Bank, CORE Education & Technologies, OnMobile Global and Eicher Motors are among the other stocks to see a surge in volumes on BSE today, 29 June 2012.

Cairn India clocked volume of 5.44 crore shares by 13:21 IST on BSE, a 194.12-times surge over two-week average daily volume of 2.80 lakh shares. The stock tumbled 5.5% to Rs 309.50.

As per market buzz Cairn Energy has offloaded part of its stake in the firm through bulk deals on BSE today, 29 June 2012. Last year, Cairn Energy sold controlling stake in Cairn India to London-listed miner Vedanta Resources in an $8.7 billion deal, but still retained 21.79% shareholding in the Indian company, as of 31 March 2012.

Karur Vysya Bank notched up volume of 2.93 lakh shares, a 61.79-fold surge over two-week average daily volume of 5,000 shares. The stock fell 0.2% to Rs 420.

CORE Education & Technologies clocked volume of 2.83 lakh shares, a 23.61-fold surge over two-week average daily volume of 12,000 shares. The stock rose 0.91% to Rs 297.90.

OnMobile Global clocked volume of 35.83 lakh shares, a 6.48-fold surge over two-week average daily volume of 5.53 lakh shares. The stock lost 4.06% to Rs 31.90.

Eicher Motors notched up volume of 27,000 shares, a 6.46-fold rise over two-week average daily volume of 4,000 shares. The stock rose 1.54% to Rs 2,001.

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