Shares of Future Consumer Ltd (FCL) surged 8% on the BSE in morning trade on the back of heavy volumes. The trading volume was 13 times its 20-day average, as per Bloomberg data.
The company's stock has gained ~20% on the BSE since August 27 following media reports that Google and Paytm Mall would join hands to buy a stake in Future Retail.
Future Consumer Ltd is currently trading up 7.98% at Rs52.75 from its previous closing of Rs48.85 on the BSE.
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