Kwality Plunges 28% In Two Sessions On Heavy Volumes — Shares of the Delhi-based dairy products maker was locked in 20 percent lower circuit at Rs 59.05 on top of yesterday’s 10.11 percent drop.
The stock saw a spike in trading volume as it was 15 times its 20-day average for this time of the day.
Meanwhile, reacting to sharp fall in the stock price, the company in a notification post market hour yesterday clarified that there is no strategically significant development within the organisation and business. Also, in recent there is no such event which is not reported by the company to the stock exchanges.
