India's Prime Focus advances after share sale agreement with NaMa Capital

Prime Focus

22/09/2023 06:32

** Shares of Prime Focus  PRFO.NS  advance as much as ~8.4% to 101.75 rupees
to hit its highest since Aug 7 
    ** The entertainment production co says its unit entered share sale and
purchase agreement with NaMa Capital Limited for transfer of 23.25% stake held
in another unit to NaMa 
    ** Nearly 1.1 mln shares change hands, 4.2 times their 30-day moving avg of
258,342 shares 
    ** Up to today's close, stock had risen ~34.3%

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))