India's JM Financial rises on block deal

JM Financial

26/05/2023 07:56

** Shares of JM Financial Ltd  JMSH.NS  rise as much as
4.71% to 70 rupees
    ** Stock gains after 2.51 mln shares change hands in a block
deal at a price of 67.05 rupees apiece 
    ** Stock is most active in a week, with trading volume of
4.44 mln shares, 1.5 times the 30-day avg - Refinitiv data
    ** The moving average convergence divergence (MACD) line has
been above the signal line since May 4, suggesting bullish
momentum

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