India's Himatsingka Seide jumps on licensing deal with Disney

Himatsingka Seide

08/01/2021 07:50

** Indian home textile company's shares  HMSD.NS  rise as
much as 9.4% to 161.95 rupees, their highest since Dec. 17, 2020
    ** HMSD enters licensing deal with Walt Disney Co  DIS.N 
for the European region to make and distribute a range of home
textile products inspired by Disney characters  urn:newsml:reuters.com:*:nFWN2JI0YS
    ** More than 1.1 mln shares traded, 2.2 times their 30-day
moving avg
    ** HMSD in Nov. posted https://bit.ly/2XlbUZl a 1.4% rise in
consol. revenue from operations for the qtr ended Sept. 30,
2020, though profit fell 88.8%       
    ** Stock rose 10.9% in 2020




 (Reporting by Anuron Kumar Mitra in Bengaluru)
 ((AnuronKumar.Mitra@thomsonreuters.com; +91 99863 58469;))