Electronics Mart India rises on two block deals

Electronics Mart India

21/09/2023 06:52

**  Shares of Electronics Mart India  ELEO.NS  up as much as 5%
at 150.8 rupees
    ** Stock touches highest level since Aug. 30
    ** On track for a fifth consecutive session of gains, if
trend holds 
    ** About 9.6 mln shares change hands in two block deals
priced between 143 rupees and 143.25 rupees apiece, as per LSEG
data
    ** Shares trading above 50-, 100- and 200-day simple moving
averages, indicating bullish growth
    ** More than 10 mln shares traded by 11:18 a.m. IST, 5.1x
the 30-day avg
    ** Stock currently up 3%, pushing YTD gains to 71.8%

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330))