Videocon Industries (Videocon), an
India-based electronics goods manufacturing company, gained on
Friday after it has announced that Petrolea Brasileiro SA
(Pertrobras), the operator of the BM-SEAL-11 concession, discovered
the existence of light hydrocarbons in the concession BM-SEAL-11,
in ultradeep water of the Sergipe-Alagoas basin Offshore.The
discovery was made during drilling of well 1-BRSA-1083-SES
(1-SES-167) informally known as "Farfan", situated in a water depth
of 2720 m, located 109 km from the city of Aracaju. 
Shares of the companyare trading at Rs
175.45, up Rs 2.30, or 1.33% at the Bombay Stock Exchange (BSE) on
Friday at 10:57 a.m.The scrip has touched an intra-day high of Rs
177.85 and low of Rs 173. The total volume of shares traded at the
BSE is 6,621.In the earlier session, the shares rose 0.09%, or Rs
0.15, at Rs 173.15. Currently, the stock is trading down 10.82%
from its 52-week high of Rs 196 and above 8.5% over the 52-week low
of Rs 161.10.
Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 175.90 (2.75) (1.56) 1 Month 179.00 (5.85) (3.27) 3 Months 173.60 (0.45) (0.26) 6 Months 170.65 2.50 1.46 1 Year 176.50 (3.35) (1.90) Note: Based on previous day closing price.
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