ITD Cementation India extends rally to hit fresh record

Cemindia Projects

22/11/2023 07:02

** Shares of ITD Cementation India  ITCM.NS  rise as much as
5.6% to a fresh record at 280.50 rupees
    ** The engineering and construction co's stock hit a record
high for the 5th time this month 
    ** Share price above 50-day, 100-day and 200-day exponential
moving averages since Nov. 7
    ** More than 2.4 mln shares change hands by 12:12 p.m. IST,
1.8x the 30-day avg
    ** Avg rating of three analysts equivalent of "buy;" median
PT is 254 rupees - LSEG data
    ** Stock last up 3.2%, bumping YTD gains to 130%




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))