BPL, Videocon scrips soar

MUMBAI, July 7: BPL and Videocon International continue to make waves on the stock markets. These scrips registered huge volumes even as their share prices shot up on the Bombay Stock Exchange on Tuesday, indicating another bear-bull tussle in the scrips.

Even though the Sensex rose by only 18 points, Videocon went up from a low of Rs 39.90 to Rs 46.80 and BPL from 109.50 to Rs 128.50. On the BSE, BPL stock was locked at Rs 128.50, the eight per cent upper limit, while a pending buy order of 40,000-odd shares could not be executed on account of the price filter. As a result, the counter recorded a historic volume of 8,40,500 shares.

Videocon was locked at Rs 46.80 with a huge volume of 9.99 lakh shares transacted at the given price. At the upper limit the outstanding buy order stood at 1.40 lakh shares.