India's Prataap Snacks jumps after report of Haldiram's eyeing majority stake in co

Prataap Snacks

18/01/2024 10:06

** Shares of Prataap Snacks  PRAT.NS  rise 9.7% to 1,363.50
rupees
    ** Reuters report larger rival Haldiram's is in talks to buy
majority stake in PRAT, which is valued at $350 mln
    ** Stock on track to gain for third straight month 
    ** Trading volume nearly thrice the 30-day moving average
    ** Stock rose ~18% in 2023, its third consecutive yearly
gain
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))