KDDL soars on talk of Apple tie-Up

Shares of KDDL, a luxury watch retailer and manufacturer, surged over 10% in early trades on Thursday on the BSE on speculation that the company may tie-up with Apple Inc for distribution of its products.

KDDL shares, however, gave up a large portion of its gains by the end of the day, closing 3.5% higher at Rs 331.

Trading volumes on Thursday were 1.16 lakh shares on the BSE as against the two-week average daily traded volume of 10,000 shares.