Monday, 18 April 2011

stock rises , 100% stake in arm Modi Tyres

Modi Rubber touched an intraday high of Rs 75.35 and an intraday low of Rs 74.50. At 09:41 hrs the share was quoting at Rs 75.35, up Rs 6.85, or 10%.
The company sold 100% stake in arm Modi Tyres to Continental Group, reports CNBc-TV18.

There were pending buy orders of 20,294 shares, with no sellers available. It was trading with volumes of 2,715 shares.

In the previous trading session, the share closed up 9.95% or Rs 6.20 at Rs 68.50.

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