Scooters India surges nearly 5% on revival plans

Scooters Indiasurged nearly 5% on Friday after the heavy industry ministry said would take up company"s revival plan for cabinet nod. Ministry said the surplus land sale would help in revival of sick units.Shares ofthe companyare trading at Rs 27.50, up Rs 1.3, or 4.96% at the Bombay Stock Exchange (BSE) on Friday at 2:14 p.m.The scrip has touched an intra-day high of Rs 27.50 and low of Rs 26.50. The total volume of shares traded at the BSE is 3,349.In the earlier session, the shares rose 0.77%, or Rs 0.2, at Rs 26.20. Currently, the stock is trading down 43.18% from its 52-week high of Rs 48.40 and above 11.56% over the 52-week low of Rs 24.65.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 27.10 (0.90) (3.32) 1 Month 27.05 (0.85) (3.14) 3 Months 26.15 0.05 0.19 6 Months 35.50 (9.30) (26.20) 1 Year 37.60 (11.40) (30.32) Note: Based on previous day closing price.