Australia's Altech Batteries gains after HY loss narrows

Altech Batteries

13/03/2025 03:26

** Shares of Altech Batteries ATC.AX rise 7.9% to A$0.041

** Stock set for its strongest session since November 25, if gains hold

** The specialty battery tech co posts HY loss of A$10.1 million ($6.38 million), compared with a loss of A$19.6 mln last year

** About 2.5 mln shares change hands, 2.3x the 30-day average of 1.1 mln shares

** Stock down 19.6% YTD, including current session's moves

($1 = 1.5820 Australian dollars)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@ThomsonReuters.com))