India's Elgi Equipments hits 5-month high after SBI Mutual Fund buys stake

ELGI Equipments

09/07/2025 07:59

** Elgi Equipments ELGE.NS rises as much as 6.3% to 568 rupees, highest since February 12

** SBI Mutual Fund bought more than 1.8 million shares in co via bulk deal on Tuesday, per exchange data

** Trading volume exceeds 5 mln shares, ~5x the 30-day moving avg

** YTD, ELGE down ~4%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))