It’s for the second consecutive day that Sterling Biotech, a pharmaceutical preparation manufacturing entity, has hit upper circuit and made a new 52 week high. The stock of Sterlingbio hit upper circuit of 20% at 6.34 levels after opening at 5.88 levels in today’s trade.
In the previous trade, the stock had breached its upper circuit limit, and made new 52 week high at 5.29 levels. Thereby, the stock gained as much as 42.7% in just two days as compared to April 7's closing price.
On April 10, the stock witnessed a spurt in volume by 4.65 times and today the stock saw a spurt in volumes by more than 15.25 times.