Having dipped on Tuesday Hayleys share yesterday bounced back to achieve an intra-day gain of Rs. 10.40 before closing at Rs. 400, up by Rs. 6.40.
Analysts said it was one of the highest day gains for Hayleys and brought the blue chip back into the 400 rupee level though below last week’s high.
Last week the share peaked to a new 52-week high of Rs. 426 before closing at Rs. 412, up by Rs. 5.50. Since March 18th, Hayleys share had gained week-on-week and as of yesterday’s closing the increase is Rs. 18 whilst at 52-week high established last week the increase is Rs. 44.