India's RACL Geartech up on record sales in December

RACL Geartech

03/01/2024 09:15

** Shares of RACL Geartech  RACG.BO  rise as much as 10.8% to
1,282.1 rupees
    ** Automotive components maker reports highest-ever monthly
sales of 410.7 mln ($4.93 mln) in December 2023
    ** Stock has been trading above its 200-day moving avg since
Oct. 28, 2022
    ** Nearly 37,652 shares traded by 2:44 p.m. IST, 3.9x the
30-day moving average
    ** Stock rose 56.3% in 2023, last up 6.3% 
    


    


($1 = 83.2400 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))