India's Axiscades Technologies up on acquiring Epcogen

Axiscades Technologies

06/12/2023 04:40

** Shares of Axiscades Technologies  AXIT.NS  up as much as
2.66% to 550 rupees    
    ** Technology services provider said it acquired engineering
services co Epcogen for 262.5 million rupees ($3.15 million);
Epcogen became unit of co 
    ** AXIT is trading above its 50-, 100-, and 200-day simple
moving averages
    ** Stock last up 1.1%, extending YTD gains above 80% 


($1 = 83.3620 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))