India's JM Financial climbs on block deal

JM Financial

18/05/2023 08:41

** Shares of JM Financial Ltd  JMSH.NS  rise as much as
4.31% to 66.60 rupees
    ** Uptick after 4.55 mln shares change hands in a block, as
of 1:03 p.m. IST, at a price of 64.25 rupees - Refinitiv data
    ** Trading volume at 7.70 mln shares as of 1:05 p.m. IST,
more than thrice the 30-day avg
    ** The stock's MACD line has been above the signal line
since May 4, suggesting near-term bullish momentum

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