BASF India announced that the National Company Law Tribunal, Mumbai vide order dated 06 January 2021 has sanctioned the Scheme of Merger by absorption of BASF Performance Polyamides India, a wholly owned subsidiary, with BASF India, effective 01 February 2021 (being the appointed date).

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Venkys (India) Ltd, Varun Beverages Ltd, Nilkamal Ltd, SRF Ltd are among the other stocks to see a surge in volumes on NSE today, 05 November 2020.

BASF India Ltd registered volume of 4.47 lakh shares by 14:24 IST on NSE, a 37.08 fold spurt over two-week average daily volume of 12051 shares. The stock rose 11.98% to Rs.1,513.00. Volumes stood at 18561 shares in the last session.

Venkys (India) Ltd registered volume of 5.51 lakh shares by 14:24 IST on NSE, a 9.28 fold spurt over two-week average daily volume of 59345 shares. The stock rose 5.37% to Rs.1,544.00. Volumes stood at 69179 shares in the last session.

Varun Beverages Ltd registered volume of 20.88 lakh shares by 14:24 IST on NSE, a 8.01 fold spurt over two-week average daily volume of 2.61 lakh shares. The stock rose 3.85% to Rs.698.85. Volumes stood at 4.06 lakh shares in the last session.

Nilkamal Ltd witnessed volume of 39087 shares by 14:24 IST on NSE, a 7.89 times surge over two-week average daily volume of 4952 shares. The stock increased 3.39% to Rs.1,344.75. Volumes stood at 7270 shares in the last session.

SRF Ltd saw volume of 11.68 lakh shares by 14:24 IST on NSE, a 7.82 fold spurt over two-week average daily volume of 1.49 lakh shares. The stock increased 8.54% to Rs.4,822.70. Volumes stood at 1.57 lakh shares in the last session.

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Power Grid Corporation of India Ltd, UPL Ltd, CARE Ratings Ltd, Hindustan Aeronautics Ltd are among the other stocks to see a surge in volumes on BSE today, 05 November 2020.

BASF India Ltd saw volume of 10209 shares by 10:54 IST on BSE, a 8.1 fold spurt over two-week average daily volume of 1260 shares. The stock increased 12.90% to Rs.1,525.00. Volumes stood at 1410 shares in the last session.

Power Grid Corporation of India Ltd saw volume of 51.17 lakh shares by 10:54 IST on BSE, a 6.79 fold spurt over two-week average daily volume of 7.54 lakh shares. The stock increased 0.54% to Rs.178.05. Volumes stood at 2.04 lakh shares in the last session.

UPL Ltd clocked volume of 12.45 lakh shares by 10:54 IST on BSE, a 5.32 times surge over two-week average daily volume of 2.34 lakh shares. The stock gained 3.40% to Rs.414.85. Volumes stood at 3.62 lakh shares in the last session.

CARE Ratings Ltd clocked volume of 2.32 lakh shares by 10:54 IST on BSE, a 5.27 times surge over two-week average daily volume of 43971 shares. The stock gained 13.64% to Rs.415.00. Volumes stood at 2.81 lakh shares in the last session.

Hindustan Aeronautics Ltd clocked volume of 85266 shares by 10:54 IST on BSE, a 4.47 times surge over two-week average daily volume of 19055 shares. The stock gained 6.35% to Rs.703.00. Volumes stood at 43346 shares in the last session.

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Net profit of BASF India rose 17614.66% to Rs 410.98 crore in the quarter ended September 2020 as against Rs 2.32 crore during the previous quarter ended September 2019. Sales rose 15.68% to Rs 2393.17 crore in the quarter ended September 2020 as against Rs 2068.74 crore during the previous quarter ended September 2019.

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