McLeod Russel is in the eye of a storm. The stock yesterday hit the 5% LC at Rs.14.25 and today it opened at the 5% LC at Rs.13.55, its new 52-week low.

The stock opened weak at Rs.10.40 but soon jumped up to hit its 5% UC of the day at Rs.11.13, with over 7k pending buy orders on the counter

The stock is among the top gainers on the BSE, rising 6.28% to Rs. 371.60. The stock opened at Rs. 350.25 against the previous close of Rs. 349.65 and touched a fresh 52-week high of Rs. 375.25. Trading activity was strong, with 8.66 lakh shares changing hands and turnover at Rs. 31.80 crore.