India's Chemcon Speciality Chemicals highest in nearly a year

Chemcon Speciality Chemicals

04/10/2022 08:20

** Shares of chemicals manufacturer Chemcon Speciality
Chemicals  CHEO.NS  rise as much as 7.89% to 467.80 rupees,
their highest since Oct. 6, 2021
    ** Co on Tuesday approved borrowing of 6 million Indian
rupees ($73,685.18) to purchase vehicles  urn:newsml:reuters.com:*:nFWN3150MH
    ** On Sept. 29, CHEO had risen after it began commercial
production at a facility in Indian state of Gujarat  urn:newsml:reuters.com:*:nL4N3100ZF
    ** More than 425,000 shares traded by GMT 0715, vs their 30
day avg of 349,700 shares
    ** Stock up 18.08% YTD, as of last close 
($1 = 81.4275 Indian rupees)
 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))