Shares of IFGL Refractories surged almost 8 percent on Wednesday, extending gains for the fourth straight session to hit a new high on the back of robust September quarter (Q2FY24) earnings.
Topping the list is Kintech Renewables stock, which has jumped 7 times in FY24 and given more than 40% return so far in the month. The smallcap stock with a market capitalisation of just Rs 1,500 crore hardly has any analyst coverage.
Foreign promoter Krosaki Harima Corporation, Japan has exited IFGL Refractories by selling its entire personal holding, by way of off-market transaction, for Rs 111.8 crore. Indian promoter Bajoria Financial Services was the buyer.