Schaeffler India Ltd, JK Tyre & Industries Ltd, New India Assurance Company Ltd, Tata Communications Ltd are among the other stocks to see a surge in volumes on NSE today, 20 January 2021.

Schneider Electric Infrastructure Ltd recorded volume of 73.63 lakh shares by 14:14 IST on NSE, a 6.8 times surge over two-week average daily volume of 10.83 lakh shares. The stock gained 10.57% to Rs.103.55. Volumes stood at 2.64 lakh shares in the last session.

Schaeffler India Ltd saw volume of 78441 shares by 14:14 IST on NSE, a 4.8 fold spurt over two-week average daily volume of 16333 shares. The stock dropped 0.89% to Rs.4,555.45. Volumes stood at 54155 shares in the last session.

JK Tyre & Industries Ltd registered volume of 251.98 lakh shares by 14:14 IST on NSE, a 4.42 fold spurt over two-week average daily volume of 56.96 lakh shares. The stock rose 12.24% to Rs.101.35. Volumes stood at 45.34 lakh shares in the last session.

New India Assurance Company Ltd clocked volume of 39.94 lakh shares by 14:14 IST on NSE, a 4.23 times surge over two-week average daily volume of 9.43 lakh shares. The stock gained 4.57% to Rs.140.60. Volumes stood at 12.5 lakh shares in the last session.

Tata Communications Ltd registered volume of 13.6 lakh shares by 14:14 IST on NSE, a 4.16 fold spurt over two-week average daily volume of 3.27 lakh shares. The stock slipped 6.29% to Rs.1,058.00. Volumes stood at 3.22 lakh shares in the last session.

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Schneider Electric Infrastructure announced that Arnab Roy (DIN02522674) has stepped down from his role as Whole-Time Director and Key Managerial Personnel of the company with effect from 01 January 2021. However, Roy shall continue to be on the Company'sBoard as a Non-Executive, Non-Independent Director effective from the said date. The said change in designation is owing to new roles and responsibilities taken up by Roy within the Schneider Group.

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Net profit of Schneider Electric Infrastructure reported to Rs 6.26 crore in the quarter ended September 2020 as against net loss of Rs 23.90 crore during the previous quarter ended September 2019. Sales rose 17.70% to Rs 369.62 crore in the quarter ended September 2020 as against Rs 314.04 crore during the previous quarter ended September 2019.

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Schneider Electric Infrastructure has postponed the meeting of the Board of Directors which was scheduled to be held on 04 November 2020 .The meeting will now be held on 12 November 2020 .

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