NESCO Ltd, ITD Cementation India Ltd, Shankara Building Products Ltd, Solar Industries India Ltd are among the other stocks to see a surge in volumes on NSE today, 28 November 2018.

Sundaram Finance Ltd recorded volume of 5.35 lakh shares by 14:14 IST on NSE, a 29.95 times surge over two-week average daily volume of 17854 shares. The stock gained 3.41% to Rs.1,419.45. Volumes stood at 6961 shares in the last session.

NESCO Ltd notched up volume of 3.09 lakh shares by 14:14 IST on NSE, a 25.28 fold spurt over two-week average daily volume of 12235 shares. The stock rose 0.85% to Rs.440.90. Volumes stood at 8898 shares in the last session.

ITD Cementation India Ltd clocked volume of 12.22 lakh shares by 14:14 IST on NSE, a 13.72 times surge over two-week average daily volume of 89094 shares. The stock gained 0.74% to Rs.102.55. Volumes stood at 41150 shares in the last session.

Shankara Building Products Ltd notched up volume of 8.72 lakh shares by 14:14 IST on NSE, a 13.12 fold spurt over two-week average daily volume of 66409 shares. The stock slipped 9.00% to Rs.672.30. Volumes stood at 1.27 lakh shares in the last session.

Solar Industries India Ltd saw volume of 57425 shares by 14:14 IST on NSE, a 10.2 fold spurt over two-week average daily volume of 5632 shares. The stock dropped 1.51% to Rs.1,008.00. Volumes stood at 1665 shares in the last session.

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Net profit of Sundaram Finance rose 0.77% to Rs 154.31 crore in the quarter ended September 2018 as against Rs 153.13 crore during the previous quarter ended September 2017. Sales rose 18.58% to Rs 815.19 crore in the quarter ended September 2018 as against Rs 687.46 crore during the previous quarter ended September 2017.

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The Board of Sundaram Finance at its meeting held on 01 November 2018 has approved the postal ballot notice seeking approval of the shareholders for increasing the borrowing limit under 8.180(1 )(c) of the Companies Act, 2013 from Rs 21,OOO crore to Rs 30,OOO crore.

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Sundaram Finance will hold a meeting of the Board of Directors of the Company on 1 November 2018.

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