Talwalkars jumps almost 12% on buzz David Llyod may pick stake - The New Indian Express

Talwalkars jumps almost 12% on buzz David Llyod may pick stake

Published: 27th March 2014 11:19 AM

Last Updated: 27th March 2014 11:19 AM

Talwalkars Better Value Fitness shares surged on Thursdayafter the media reports stated the UK basedhealth and fitness group The David Lloyd has begun talks with the company'smanagement to acquire around 20% stake.

Shares of the company are trading at Rs 178.35, up Rs 18.8, or 11.78% at the Bombay Stock Exchange (BSE) on Thursday at 10:36 a.m.The scrip has touched an intra-day high of Rs 182.00 and low of Rs 165.00. The total volume of shares traded at the BSE is 222,796.In the earlier session, the shares gained 1.72%, or Rs 2.7, at Rs 159.55.Currently, the stock is trading all time 52-week high, which is above 62.14% over the 52-week low of Rs 110.

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