Gold Silver Reports (GSR) – NDTV Locked In A 20% Upper Circuit For Second Straight Day – Shares of the Delhi-based news broadcast company rose by its daily maximum limit of 20 percent for second straight day to Rs 46.55.
The stock has been witnessing buying interest since yesterday after Sebi ordered Vishvapradhan Commercial to make an open offer for NDTV for indirectly acquiring up to 52 percent via a convertible loan of Rs 350 crore in 2009.
Meanwhile, in today’s session the stock saw a spike in volumes as trading volume was over 5 times its 20-day average.