India's Indostar Capital climbs on block deal

IndoStar Capital Finance

09/05/2023 09:17

** Shares of Indostar Capital Ltd  INAC.NS  rise as much as
4.98% to 130.60 rupees
    ** 450,909 shares of co change hands in a block as of 1:38
p.m. IST, at a price of 128 rupees per share
    ** Trading volume surges to 2.04 mln shares as of 1:38 p.m.
IST, nearly nine times the 30-day avg - Refinitiv data
    ** Stock moves above 50-day exponential moving avg for first
time in nine sessions, but continues to trade below 100- and
200-day avgs
    ** Including session's gains, stock cuts YTD loss to ~16%

    
    

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