India's Elin Electronics up over 4% on approving product launches

Elin Electronics

17/04/2023 07:15

** Shares of Elin Electronics  ELIE.NS  rise as much as
4.36% to 139.95 rupees, a two-week high
    ** Rise after electronic products maker approves the launch
of various products including fans, AC motor, mixed grinder,
juicer mixer grinder, electric sterilizer in the near term
    ** Trading volume is 79,010 shares as fo 11:41 a.m. IST,
half the 30-day avg of 158,492 shares - Refinitiv data
    ** The MACD (moving average convergence divergence) line is
above signal line since April 5, suggesting bullish bias




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))