India's Isgec Heavy Engineering rises on unit's stake sale plan
10/12/2024 04:30
** Isgec Heavy Engineering ISGE.NS jumps 8.4% to 1,651.55
rupees
** Heavy engineering equipment maker's Singapore unit to
sell 100% stake in subsidiary Bioeq Energy Holdings One to
Triumph Excel for $10 mln
** Trading vols at 126,196, 2.6x the 30-day avg
** Relative strength index (RSI) rises to 80.5, suggesting
stock might be overbought - LSEG
** ISGE up ~68% YTD
(Reporting by Vijay Malkar)
((VijayDattaram.Malkar@thomsonreuters.com;))
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