Ess Dee Aluminium gains 19% at BSE

Ess Dee Aluminium has bounced back strongly in intra-day deals on the back of strong volume after registering a fresh 52-week low in early trade on the BSE.

The stock hit a fresh 52-week low at Rs. 125.50 - down 8 per cent in early deals. The stock, however, soon recouped losses and bounced back into the positive zone.

Renewed buying interest at the counter saw the stock surge to a high of Rs. 149 - up nearly 19 per cent in intra-day deals.

The stock is now up 7 per cent at Rs. 146. The counter has seen trades near four-fold jump in volume with trades of around 282,000 as against the two-week daily average volume of around 73,000 shares on the BSE.

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