India's Astral rises on block deal

Astral

20/12/2023 08:10

** Shares of Astral Ltd  ASTL.NS  up as much as 2.6% to
1,957 rupees
    ** About 4.68 mln shares changed hands at 1,889.80 rupees
per share, amounting to 1.74% of all ASTL shares, as per NSE
data
    ** Promoters are looking to sell about 2-3% stake, as per a
CNBC-TV18 report
    ** Stock posts biggest intraday pct gain since Nov. 21
    ** Stock trading above its 200-day simple moving average
since May 5
    ** Average rating of 20 analysts tracking the stock is
"Hold", median PT is 1,956.5 rupees- LSEG data
    ** Including sessions gains, stock up 31.3% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))