India's Kanoria Chemicals surges after large investor Mukul Agrawal adds stake
** Shares of Kanoria Chemicals KNRC.NS rise as much as
14.91% to hit a two month high of 120.20 rupees
** Stock most active in over six months with a trading
volume of 654,183 shares as of 1:32 p.m. IST, 21 times the
30-day avg - Refinitiv data
** Uptick after large investor Mukul Agrawal added 1.21%
stake in the company, per data on National Stock Exchange
** Agrawal held 1.34% stake at March end
** Stock down 31% in 2023 vs 9% rise in benchmark Nifty 50
.NSEI
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com ; +91 9769003463))
Recent news on Kanoria Chemicals and Industries
See all newsBrief: Kanoria Chemicals And Industries Ltd Says June-Quarter Consol Net Profit 263.6 Million Rupees
Brief: Kanoria Chemicals And Industries March-Quarter Consol Net Profit 316.2 Million Rupees
Brief: Kanoria Chemicals March-Quarter Consol Net Loss 363.8 Million Rupees
Brief: Kanoria Chemicals And Industries Incorporates Two Subsidiaries In Germany And Canada
Brief: Kanoria Chemicals And Industries Enters Agreement To Sell 13.79% Of Kanoria Africa Textiles For $2 Mln