Shares of Globus Spirits were locked in the upper circuit for the fifth straight trading day, up 5 per cent at Rs 941, also its new high on the National Stock Exchange (NSE) on Friday after the promoter and institutional investors bought a stake in the company through the open market.
In the past one week, the stock of breweries & distilleries company has rallied 28 per cent, as compared to a 1.5 per cent gain in the Nifty50 index. Till 10:05 am, a combined 195,000 equity shares had changed hands and there were pending buy orders for around 14,000 shares on the NSE and BSE. Currently, the stock is trading under the T group on the BSE. In the T2T