India's Nuvoco Vistas Corp rises on block deal

Nuvoco Vistas

19/12/2023 07:49

** Shares of cement maker Nuvoco Vistas Corporation
 NUVO.NS  rise as much as 3.6% to 384 rupees
    ** About 1.47 mln shares change hands at 371.15 rupees per
share via block deal on Tuesday, as per LSEG data
    ** About 1.8 mln shares change hands, 7.5x its 30-day avg,
in NUVO's most active trading session since May 2
    ** NUVO on track for third straight quarterly gain, if trend
holds; up 1.5% for the quarter so far
    ** Average rating of 15 analysts covering the stock is
"buy"; median PT is 412 rupees - LSEG data
    ** Including day's gains, stock up ~4% YTD 


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