January 11, 2019 / 7:16 AM / 10 days ago

BUZZ-India's Eveready surges on report Williamson Magor plans to sell co

** Shares of battery maker Eveready Industries India Ltd jump as much as 17.7 pct to 213.8 rupees, highest since Oct 12

** Promoter B M Khaitan-led Williamson Magor and Co Ltd is planning to sell Eveready Industries, Times of India reported here citing sources

** Williamson Magor directly held 23.67 pct in Eveready and unit Williamson Financial Services Ltd had 8.79 pct stake as of Sept 30, 2018 - Bombay Stock Exchange data

** Shares of Williamson Magor hit the upper circuit, rising as much as 20 pct to 64.2 rupees in their biggest intraday pct gain since Aug 29, 2018

** Eveready’s shares post their biggest intraday gain since Feb 12, 2016; More than 3.1 mln Eveready shares change hands vs 30-day avg of over 86,800

** Eveready and Williamson Magor did not immediately respond to Reuters’ request for comment

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