The stock today ended the session at Rs 179.50 on the NSE, down by Rs 6.61 or 3.55% as bears ruled the D-Street after Israel launched attacks against military and nuclear sites in Iran, which left key military commanders and nuclear scientists dead while stoking fears of a full-blown war in the region.
Scoda Tubes has business interests in stainless steel pipes and tubes manufacturing. The company offers seamless & welded stainless steel solutions for a global market.
Scoda Tubes shares have outperformed Nifty, delivering returns of 28% over a 1-year period versus Nifty’s returns of 6% in the same period. Over the last one month, the stock has given returns of 28% versus a 0.4% decline seen by the 50-stock index.
Over 30 companies witnessed block deals today some of the prominent names include Nazara Technologies, Remedium Lifecare, Orient Tradelink, Modison and Enbee Trade Finance.
Ace investor Rakesh Jhunjhunwala linked entity on Friday sold 13 lakh shares worth Rs 159 crore of Nazara Technologies via a block deal. The entity called ‘Estate of Late Mr. Rakesh Jhunjhunwala offloaded shares at a price of Rs 1,225.19 a piece which was at a 2% discount over the Thursday closing price of Rs 1,246.80.Shares of Nazara Technologies ended at Rs 1,325 on the NSE, gaining by Rs 78.20 or 6.27%. The gaming stock hit a fresh 52-week high of Rs 1,341.80 today.This smallcap company with a market capitalisation of Rs 11,609 operates in three verticals viz. gaming, esports and ad-tech.
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