India's Cera Sanitaryware hits near 1-1/2 yr high

Cera Sanitaryware

20/02/2023 07:30

** Shares of Cera Sanitaryware  CERA.NS  rise as much as
7.5% to 6,398 rupees, highest since Oct. 19, 2021
    ** Stock marks sharpest intraday pct gain since Feb. 2, 2023
    ** Stock trading above 50-, 100- and 200-day moving
averages, suggesting bullish trend
    ** CERA's relative strength index above 70, indicating it is
overbought
    ** Stock sees most active trading session since Dec. 6,
2022; trade volume at 6.9x 30-day avg of 12,300 shares as of
12:34 p.m. IST
    ** Average rating of 12 analysts tracking the stock at
equivalent of 'buy' with PT of 6,050 rupees - Refinitiv data
    ** Stock rose 8.5% in 2022, compared to a 3% growth in the
Nifty 500 Index  .NIFTY500 
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))