India's Bigbloc Construction rises on unit starting production

Bigbloc Construction

02/04/2024 08:38

** Shares of Bigbloc Construction  BIGB.NS  trim gains to
rise 4.7%; they rose as much as 8.2% earlier in the session
        ** Building blocks maker says its unit in the western
state of Gujarat has started production 
  
    ** Plant expected to generate annual revenue of around 1 bln
rupees ($12 mln) 
    ** Stock to rise for the third straight session, if gains
hold
    ** Trading vol is near its 30-day daily avg    
    ** Stock rose 13.8% in 2023, its fourth consecutive yearly
rise





($1 = 83.3559 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))