India's Apcotex Industries up on commercial production at Taloja plant

Apcotex Industries

10/03/2023 05:55

** Shares of Apcotex Industries Ltd  APCI.NS  rise as much as 2.5% to 457.95
rupees, post sharpest intraday pct gain since March 3
    ** Stock on track for fourth consecutive sessions of gains
    ** Synthetic rubber maker says multi-purpose expansion plant at Taloja,
Maharashtra commenced commercial production
    ** More than 31,000 shares change hands by 11:04 a.m. IST, 0.9x the 30-day
avg
    ** Stock trading above 50-day simple moving average, but below 100- and
200-day averages
    ** Stock down 4.17% this year as of last close, was up ~29.6% in 2022

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