India's PNB Gilts logs biggest intraday pct loss in 11 months

PNB Gilts

24/07/2023 07:45

** Shares of PNB Gilts  PNBG.NS  down as much as 5.67% at
66.60 rupees; logs steepest intraday pct fall since Aug 25 
     ** Non-banking financial firm's stock hits its lowest level
since July 19   
     ** Stock gained about 6% in last three sessions of trading
ahead of results late on Friday when it reported a swing to
profit in June qtr  
    ** Still, shares trading above 50-day, 100-day and 200-day
simple moving averages, indicating bullish momentum 
    ** More than 1.3 mln shares changed hands by 11:48 a.m. IST,
 3.4x 30-day avg         
    ** As of last close, stock had risen 5.32% this year

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))