At the upper circuit and record high! Asset Reconstruction Company shares surge 10% - Why is fuelling the stock rise?
New Delhi, Oct. 7 -- Asset Reconstruction Company's share price surged 10% to hit its upper circuit as well as its record high on the BSE in intraday trade on Wednesday, 7 October, in an otherwise weak stock market. Asset Reconstruction Company shares opened at Rs.149 against their previous close of Rs.145.70 and jumped 10% to their upper price band and all-time high of Rs.160.25. Meanwhile, equity benchmark Sensex declined by 0.75% during the session.
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