India's Gokul Agro up after unit completes stake buy in Indonesian firm

Gokul Agro Resources

14/12/2023 06:00

** Shares of India's Gokul Agro Resources  GOKG.NS  jump as
much as 6.20% to 131.85 rupees; logs steepest intraday gain
since Nov. 20
    ** Co said unit Maurigo Indo Holdings completed acquisition
of a 25% stake in Indonesian palm oil processing company PT.
Riya Pasifik Nabati 
    ** GOKG set to snap two straight weeks of losses, if trend
holds; up about 4% for the week so far
    ** More than 366,000 shares changed hands by 11:12 a.m. IST,
1.4x 30-day avg 
    ** Stock up more than 5% YTD, on track to gain for fourth
consecutive year  

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