Videocon Ind shares up 5% after 25-days of losing streak

Shares of Videocon Industries

today rose by 5 per cent, snapping its 25 trading sessions of

continuous decline.

The stock went up by 4.94 per cent to close at Rs 18.05

-- its upper circuit limit -- on BSE.

At NSE, shares of the company gained 4.88 per cent to Rs

18.25.

On the volume front, 61.24 lakh shares of the company

were traded on BSE and over 79 lakh shares changed hands at

NSE during the day.

In the past 25 trading sessions, the stock has slumped by

nearly 83 per cent, wiping out Rs 2,755.3 crore from its

market valuation.

The stock price has come down from Rs 100.45 as on May 19

to Rs 18.05 today.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)