India's Dhani Services jumps most in over a year

Dhani Services

03/04/2023 08:51

** Shares of Indian personal finance firm Dhani Services Ltd
 DHAE.NS  rise as much as 10.2% to 29.25 rupees, biggest
intraday pct jump since Feb. 3, 2022
    ** DHAE shares currently up for fourth straight session, on
track for their longest winning streak since Oct. 28, 2022, if
gains hold
    ** Stock has gained 14.2% over last four sessions – during
which it also hit 52-week low of 23.60 rupees
    ** Co late on Friday named chief operating officer Divyesh
B. Shah as its next chief executive
    ** Over 5.4 mln shares change hands by 1:08 p.m. IST, 2.9x
their 30-day avg volume
    ** Stock currently up 7.2%, narrowing its loss so far this
year to 31.4%

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))