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JYOTICNC — Jyoti CNC Automation News Story

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IndustrialsSpeculativeMid CapMomentum Trap

India's Jyoti CNC slumps on block deals at discount

** Shares of Jyoti CNC Automation JYCA.NS fall 4.8% to 1,071.5 rupees

** About 14.6 million shares changed hands in nine block deals, as of 12:30 p.m. IST - data compiled by LSEG showed

** Block deals priced between 1,071.8-1,096.8 rupees apiece - reflecting a 2.6% to 4.8% discount on last close

** Overall 17.3 million shares traded, volumes at 62.4x the 30-day avg

** Stock down ~21% YTD

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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