India's SAT Industries jumps as SocGen buys shares

Aeroflex Enterprises

02/04/2024 08:30

** Shares of SAT Industries  STIN.NS  rise as much as 15.6%
to 107.7 rupees in heavy volume
    ** Societe Generale buys 700,000 STIN shares at 93.10 rupees
apiece in a bulk deal, per NSE data 
    ** Over 2.1 mln shares traded, about 2.8x the 30-day average
    ** Stock set for most active session since Jan. 10
    ** Company is involved in diversified businesses ranging
from manufacturing, education to financing
    ** Stock last up 11.4%, cutting YTD losses to 9.8%

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))