SwanCorp Stock Prices Rally 13.58% Intraday in Recovery
Swan Energy Limited witnessed a sharp recovery in Thursday’s trading session, with its stock price rallying as much as 13.58% intraday before closing at ₹297.90, up 7.29% (₹20.25) on September 10.
The stock’s latest rebound comes after a prolonged period of weakness. Swan Energy had fallen significantly from its peak, with the share price declining nearly 66% from its recent high, highlighting the extent of the correction.
With a market capitalization of around ₹8,675 crore, Swan Energy operates across textiles, energy, construction and related businesses, with subsidiaries involved in real estate, infrastructure, LNG port development, textile trading, and petroleum and petrochemical products.
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