India's Godfrey Phillips jumps to record high

Godfrey Phillips India

12/12/2022 06:41

** Shares of cigarettes and tobacco products maker Godfrey
Phillips India Ltd  GDFR.NS  rise as much as 6.2% to a record
high of 2,073.15 rupees
    ** GDFR's relative strength index (RSI) above 70, indicating
that it is overbought; shares trading above 50- and 200-day
moving average, indicating bullish sentiment
    ** Moving Average Convergence Divergence (MACD) line above
signal line, indicating bullish bias
    ** Stock up for fourth-straight session
    ** More than 448,000 shares change hands by 1142 a.m. IST,
2x 30-day avg of 229,559 shares
    ** Stock up 73.4% so far this year, up to last close vs
Nifty 500 Index's  .NIFTY500  5.45% rise
 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))