India's Heranba Industries rises on withdrawal of insolvency petition
BUZZ-India's Heranba Industries rises on withdrawal of insolvency petition ** Shares of India's agrochemical firm Heranba Industries HERN.NS climb 5.4% to 191.4 rupees
** National Company Law Tribunal permits withdrawal of insolvency petition filed by Haresh Petrochem against co
** Haresh Petrochem arrived at settlement with HERN, exchange filing shows
** Stock jumped as much as 9.9% after the news
** HERN set to rise more than 5% for two straight sessions
** More than 1 mln shares traded, 17.7x their 30-day moving avg
** Shares changed hands most since Sept 18, 2024
** YTD, HERN down ~23%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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