India's Prism Johnson hits record high on block deals

Prism Johnson

11/09/2024 11:01

** Shares of construction materials maker Prism Johnson
 PRIS.NS  rise as much as 18.2% to hit second straight record
high at 246 rupees
    ** About 2.5 mln shares change hands in eight block deals at
226-245 rupees each - LSEG data
    ** Prices at a premium to stock's last close of 208.10
rupees
    ** More than 96 mln shares change hands, 37.2x of 30-day avg
    ** Avg rating of five analysts equivalent of "hold", median
PT is 170 rupees - LSEG data
    ** Stock last up 9.9%, bumping YTD gains to 24.5%




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))