India's Maan Aluminium up 15%, hits record high

Maan Aluminium

06/06/2023 05:17

** Shares of Maan Aluminium  MANA.NS  rise as much as 15.1%
to a record high of 287 rupees
    ** MANA on track for third consecutive session of gains, if
trends stand
    ** Stock trading above its 50-day, 100-day and 200-day
simple moving averages, indicating bullish sentiment
    ** Aluminum manufacturers relative strength index seen above
70, in "overbought" zone since June 1
    ** More than 975,414 shares change hands by 09:45 a.m. IST
vs 14.5x 30-day avg of 67,460 shares
    ** Stock up 48.8% YTD up to last close


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))