India's Aditya Birla Money falls after weak March-qtr results

Aditya Birla Money

21/04/2023 10:25

** Shares of brokerage Aditya Birla Money Ltd  ABML.NS  fall
as much as 3.3% to 50.15 rupees, their biggest intraday pct loss
since April 10
    ** ABML's March-qtr profit after tax falls 3.4% as 16.6%
rise in total expenses outweigh slight increase in total income
    ** Stock falls below 50-day simple moving average price of
52.08 rupees, set to snap five-day winning run, if losses hold
    ** Over 160,000 shares change hands by 2:49 p.m. IST, 2.8x
their 30-day avg volume
    ** At current levels, stock down 14% so far this year


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))