India's Blackbuck gains after investment in unit
BUZZ-India's Blackbuck gains after investment in unit ** Shares of India's Blackbuck BLAK.NS rise as much as 3.2% to 620.55 rupees; stock last up 2.9%
** Truck-aggregation platform invested 220 million rupees ($2.3 million) in unit TZF Logistics Solutions
** Investment to be used for expansion of the unit and to fund working capital needs, company says
** Stock rated "buy" on avg by seven analysts; median PT 650 rupees - data compiled by LSEG
** Stock down 8.96% YTD
($1 = 95.9975 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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