STOCK MARKET - Unitech, JP Associates, GVK Power, Shree Renuka Sugars hit 52-week high

STOCK MARKET - Unitech, Jaiprakash Associates, Jaypee Infratech, Shree Renuka Sugars, South Indian Bank and Future Enterprises are among 30 stocks from the S&P BSE Smallcap index hitting their respective 52-week high on BSE on Monday.

At 10:41 am; the S&P BSE Smallcap index was up 0.60% at 16,088, as compared to 0.55% rise in the S&P BSE Sensex. The index hit a new high of 16,097 on BSE in intra-day trade today.

Jaypee Infratech, Unitech, GVK Power & Infrastructure, Shree Renuka Sugars and Jaiprakash Associates have rallied more than 50% in the last one month.

GVK Power & Infrastructure has soared 17% to Rs 11.69, extending its Friday’s 20% surge on the BSE. On July 21, 2017 Equity Intelligence India Private Limited [P M S] bought 18.8 million shares representing 1.19% stake in GVK Power & Infrastructure at Rs 9.61 per share on the NSE, the bulk deal data shows. Porinju Veliyath, ace investor, is the Founder & CEO of Equity Intelligence India.

GET UPDATES ON SHARE MARKET