India's Amber Enterprises hits record high on heavy volumes

Amber Enterprises India

21/10/2024 11:03

** Shares of Amber Enterprises India  AMBE.NS  rise as much
as 20% to record high of 6,484.25 rupees
    ** Shares of co hit upper limit of exchange-allowed trading
band
    ** 43,006 shares traded in 4 block deals at a premium in the
range of 9.6% to 12.5% - LSEG data
    ** Highest trading volume in over 49-months of 4.06 mln
shares, 7.5X 30-day average
    ** Relative strength index (RSI) rises to 77.1, suggesting
stock might be overbought - LSEG data
    ** AMBE up ~98% YTD vs ~20% gains in Nifty 500 Index
 .NIFTY500 

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))