De Nora India rises 6% on $5.8 mln Reliance Industries order
08/05/2023 05:23
** Shares of De Nora India Ltd DENO.NS rise as much as 6%
to 1,163.50 rupees
** The electrolytic products maker gets 480 mln rupees ($5.9
mln) contract from Reliance Industries to recoat elements
** Stock trading above its 50-, 100-, and 200-day moving
averages since April 13
** About 16,843 shares change hands by 9:44 a.m. IST, vs
30-day avg of 44,973 shares
** Stock up ~69% YTD, up to last close
($1 = 81.7100 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))