India's PNB Gilts hits two-year high on forex business progress

PNB Gilts

06/10/2023 05:20

** Shares of non-banking financial firm PNB Gilts  PNBG.NS 
rise as much as 11% to 85.25 rupees, highest since June 22, 2021
    ** Co said on Thursday it approved acquisition of necessary
memberships and other pre-requirements to undertake forex
business
    ** Over 4.8 mln shares change hands as of 9:38 a.m. IST,
1.8X the 30-day moving average
    ** Stock last up 11%, taking YTD gains to 33.3%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))