India's Bigbloc Construction up after unit starts expansion

Bigbloc Construction

04/12/2023 07:23

** Shares of Bigbloc Construction  BIGB.NS  rise as much as
3.3% to 161.9 rupees, their highest level since Nov. 1
    ** Stock last up 1.5%, on track to third straight winning
day, if gains hold
    ** Building blocks maker's unit initiates doubling of
production capacity to 500,000 cubic metres from 250,000 cubic
metres, at its Maharashtra plant
    ** Stock sees busiest day in more than a month, with more
than 152,000 shares traded
    ** Including session's gains, stock up ~10% so far this year

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))