Bengaluru, Oct. 16 -- During Thursday's trading session, shares of one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) blocks and panels in India surged nearly 4 percent on BSE, after the Board of the company considered the proposal of a merger.

At 10:53 a.m., the shares of BIGBLOC Construction Limited were trading in the green at Rs. 52.41 on BSE, up by around 1.5 percent, as against its previous closing price of Rs. 51.63, with a market cap of Rs. 742 crores. The stock has delivered negative returns of over 62 percent in the last one year, and has fallen by nearly 10 percent in a month.

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According to the latest stock exchange filings, the Boards of Starbigbloc Building Material Limited (Transferor Com...