Binani stocks skyrocket on BSE

On the National Stock Exchange too,the scrip witnessed a similar rise and was trading at Rs 107.80,reflecting a gain of 8.45 per cent.

In addition,over 39.85 lakh shares of the company changed hands on the bourses.

Binani Cement on Wednesday had said its promoter company Binani Industries will acquire all the public shares and delist it from the national exchanges.

Binani Industries share price,too,moved up,touching its upper circuit of Rs 168.30,a rise of 20 per cent on BSE.

Meanwhile,the BSE 30-share benchmark Sensex was trading at 20,238.23,down 77.09 points.