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Saregama India Jumps On Heavy Volumes
Saregama India Rallies The Most In A Month
13 Jun 2017, 04:45 PM IST 
An attendee listens to music using Sennheiser Electronic Corp. Momentum headphones in Austin, Texas, U.S.(Photographer: David Paul Morris/Bloomberg)
Shares of Saregama India rose as much as 15.6 percent, its biggest intraday move since May 3. Trading volumes were at 27 times its 20-day average.
The stock rose 4.5 percent in the past month, compared with the 3.4 percent advance in the S&P BSE Sensex Index.
Saregama India trades at 73.2 times trailing 12-month earnings per share. The stock has returned 21 percent so far this year as compared to 17 percent rise in the benchmark Sensex index.
Saregama India is a music production house with a market capitalisation of Rs 450 crore