Bengaluru, July 2 -- During Wednesday's trading session, shares of a company involved in the business of providing ethnic apparel and value-fashion products moved up by nearly 15 percent on BSE, after the company announced strong business update and achieved a higher Q1 turnover with a growth of nearly 42 percent.

With a market cap of Rs. 2,527.5 crores, the shares of Sai Silks (Kalamandir) Limited closed in the green at Rs. 164.8 on BSE, up by nearly 8.3 percent, as against its previous closing price of Rs. 152.15. The stock has delivered negative returns of around 16 percent in one year, but has gained by more than 24 percent in the last month.

What's the News According to the latest regulatory filings with the stock exchanges, Sai Si...