India's Snowman Logistics hits 8-mnth high as promoter increases stake

Gateway Distriparks

08/06/2023 06:16

** Shares of India's Snowman Logistics Ltd  SNOW.NS  rise as
much as 7.45% to 44 rupees, highest level since Sept 15, 2022 
    ** SNOW on second straight gaining session 
    ** Promoter Gateway Distriparks acquired additional 0.0066%
stake of co on Wednesday 
    ** Co shares trading above 50-day and 100-day simple moving
averages, indicating bullish trend 
    ** More than 3.8 mln shares changed hands by 10:41 A.M. IST,
6.2 times of 30-day avg 615,708 shares   
    ** SNOW has risen more than 13% so far this year 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))