India's Rainbow Children's Medicare rises in heavy volumes

Rainbow Childrens Medicare

19/09/2024 11:01

** Shares of Rainbow Children's Medicare  RAIB.NS  up 9.1%
to 1,409.55 rupees; 2.6 mln shares traded, 21X the 30-day avg
    ** Reuters could not immediately ascertain the reason behind
the share jump
    ** Paediatric hospitals operator set for busiest day since
Feb 28
    ** RAIB's relative strength index rises to 72.3, suggesting
stock might be overbought - LSEG data 
    ** Stock up ~5.2% this week, on track to gain for fifth
consecutive week

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))