DSIJ Mindshare

Why are these three stocks surging on a Friday afternoon? Let's find out
Shamita Nadkarni
/ Categories: Trending, Mindshare

Why are these three stocks surging on a Friday afternoon? Let's find out

Eros International Media Ltd, Aurum PropTech Ltd, and Delhivery Ltd are today’s mid-day movers.

As the trading week came to an end, the Indian stock market opened on a green note and sustained the bull phase even in the afternoon. At 1:05 pm, the S&P BSE Sensex is at54,964 witnessing a 0.81 per cent gain.

Aurum PropTech, which belongs to the BSE SmallCap index provides information technology services. It has received approval for the acquisition of 100 per cent shareholding of Blink Advisory Services (CareerSocially) for consideration of upto USD 3 million. At 1:05 pm, the stock price, jumped 3.84 per cent and the scrip is currently trading at Rs 90.50.      

Eros International Media Ltd, a global player within the Indian media and entertainment industry and is primarily engaged in the business of film production, exploitation and distribution. The company said that its subsidiary, Eros International Media, is planning to raise around Rs 405 crore of equity capital by a public issuance of convertible warrants in India. At 1:05 pm, the stock price rallied 4.21 per cent and the scrip is currently trading at Rs 27.25.      

Delhivery Ltd , a constituent of BSE IPO index, provides a full range of logistics services. On May 24, the company has been granted a US patent for its proprietary technology product, Addfix. At 1:05 pm, the stock price, surged 5.57 per cent and the scrip is currently trading at Rs 533.45.  

Previous Article Stock scanner: Bollinger Band Squeeze
Next Article Don't miss the action in these price volume breakout stocks!
Print
1110 Rate this article:
4.8
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR