India's Ashapura Minechem turns negative as operations impacted in March

Ashapura Minechem

02/04/2024 08:50

** Shares of Ashapura Minechem  ASHM.NS  turn negative, last
trading down 3.6% at 368 rupees
    ** Co says mining and export operations were temporarily
impacted in March and will impact co's Q4 results
    ** Stock was up ~1% before the announcement
    ** Stock on track to end six straight sessions of gain if
trend holds; it gained 20.6% in the last six sessions
    ** Its 5.3% decline in March was its third straight monthly
decline

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))