India's AGI Greenpac up on CCI nod for acquisition of Hindusthan National Glass

Hindusthan National Glass And Industries

16/03/2023 08:28

** Shares of product packaging co AGI Greenpac  AGIG.NS 
rise as much as 3.5% to 358 rupees, biggest intraday pct gain
since March 8
    ** Co reports the Competition Commission Of India has
approved AGI Greenpac's acquisition of Hindusthan National Glass
and Industries
    ** AGIG is trading above its 50-day, 100-day, 200-day simple
moving averages
    ** Co is trading above its moving average convergence
divergence line (MACD), indicating bullish sentiment
    ** Nearly 217,000 shares change hands by 01:45 p.m. IST vs
30-day avg of 259,500 shares
    ** Stock up 5.7% YTD up to last close


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))