India's Hikal falls to near 1-month low

Hikal

26/09/2022 08:18

** Shares of active pharma, specialty chemicals maker Hikal
 HIKA.NS  fall as much as 8.2% to 308.55 rupees, mark sharpest
intraday pct loss since June 3
    ** Co's stock touches lowest level since Aug 29, on track
for a second consecutive session of losses 
    ** More than 383,000 shares change hands by 0705 vs 30-day
avg of 936,243 shares
    ** One of the three analysts covering the stock has a
"strong buy" rating, and the other two have "hold"; median PT is
298 rupees - Refinitiv data
    ** Stock down 36.17% YTD, up to last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))