Electronics Mart India hits 5-mth high on starting Gurugram store ops

Electronics Mart India

19/06/2023 07:22

** Shares of Electronics Mart India Ltd  ELEO.NS  rise as
much as 6% to 84.7 rupees, the highest since Jan. 16
    ** Electronics retailer on Friday said it has commenced
commercial operation of new exclusive brand outlet in Gurugram,
Haryana
    ** About 1.6 mln shares change hands by 11:43 a.m. IST, 3.6x
the 30-day avg - Refinitiv data
    ** Stock trading above its 50-, 100-, and 200-day
exponential moving averages for second consecutive session
    ** Stock last up 4.3%, cutting YTD losses to 3.3% 

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))