India's Astral up; adhesives unit starts commercial production

Astral

27/10/2023 10:28

** Shares of Astral Ltd  ASTL.NS  rise 3% to 1,835 rupees
    ** The construction supplies and fixtures co said its
adhesives division at Dahej plant has started commercial
production
    ** Stock snaps six straight session of falls
    ** ASTL trading above its 200-day simple moving average
since May, 2023
    ** Analysts covering the stock on average have "hold"
rating; median PT is 1,927 rupees - LSEG data
    ** Stock up 24% YTD, against a 21% YTD rise in Nifty Midcap
index  .NIFMDCP100 


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))