India's Metro Brands hits record high
** Shares of India's Metro Brands METB.NS up as much as
4.52% to hit record high at 1339.40 rupees
** METB on track to clock third straight gaining session
** Reuters could not immediately ascertain reason behind the
stock move
** More than 137,000 shares changed hands by 3:26 p.m. IST,
0.9x 30-day avg
** Mean recommendation of 15 analysts is "hold", median TP
is 1,150 rupees - LSEG data
** Stock up ~50% YTD
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
Recent news on Metro Brands
See all newsIndia's Metro Brands falls on weak footwear demand, margin pressure
Brief: Metro Brands Identifies Cybersecurity Incident In It Infrastructure
India's Metro Brands rises after Kotak upgrades rating
India's Metro Brands falls after quarterly profit declines
Brief: Metro Brands June-Quarter Consol Net Profit 937.9 Million Rupees