India's Equitas Small Finance Bank jumps to record high

Equitas Small Finance Bank

12/12/2023 07:50

** Shares of Equitas Small Finance Bank  EQUI.NS  rise as
much as 10.9% to a record high of 104.8 rupees
    ** Trading vol is 7.4x the 30-day daily avg, highest since
March 17, 2023, and second highest since its listing in Nov,
2022
    ** EQUI moved above its 50-day simple moving avg; Moving
Average Convergence Divergence (MACD) line moved above the
signal line - LSEG data
    ** EQUI last up 9.5% at 103.5 rupees; avg rating of the 17
analysts is "buy" and median PT is 115 rupees - LSEG data
    ** Stock extends YTD gains to ~77%, on track for biggest
yearly gain since its listing




 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))