India Pesticides rises on block deal

India Pesticides

23/03/2023 08:10

** Shares of India Pesticides  IDIP.NS  rise as much as
2.38% to 215 rupees, highest level since March 13
    ** Rise comes after 544,844 shares of IDIP change hands in a
block deal at 210.3 rupees apiece, as of 1:30 p.m. IST,
according to Refinitiv data
    ** Trading volume on the stock surges to 683,667 shares as
of 1:30 p.m IST, more than quadruple the 30-day avg of 162,553
shares
    ** Moving average convergence divergence line crossed above
the signal line on March 22, suggesting bullish momentum




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))