India's Maharashtra Seamless rises on heavy volumes

Maharashtra Seamless

05/12/2024 09:58

** Shares of Maharashtra Seamless  MHSM.NS  rise as much as
15.5% to 769 rupees
    ** More than 14.5 mln shares traded, ~48x 30-day moving avg
    ** Trading volume hit record high
    ** Reuters could not immediately ascertain the reason behind
day's move
    ** Stock set to log biggest daily pct rise since March 14
    ** Stock jumped above its 200-day simple moving avg
    ** MHSM last up 11%, trimming YTD losses to ~20%

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))