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.
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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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