The stock slumped 6.5 percent on equity dilution concerns after the company announced that board of directors will consider raising of funds by issue of equity related instruments.
The stock jumped almost 2 percent on reports that a foreign brokerage has maintained buy call on the stock for a target price of Rs 200.
The stock rallied 2.4 percent on reports the company is contemplating to revive The Madras Aluminium Company.
The stock gained 0.8 percent to 4.2 percent on BSE after the latest Chinese trade data topped forecasts and imports recorded their first annual rise since late 2014.
The stock soared 8.8 percent after net profit jumped 123.36 percent to Rs 356.33 cr.
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Technical comment for the day: Copper