Repro India gains as Morgan Stanley Asia buys stake

Repro India

21/08/2023 05:36

** Shares of Repro India  RPRO.NS  rises as much as 5% to
870.75 rupees, its steepest climb since Aug 11
    ** Morgan Stanley Asia on Friday bought 164,903 shares of
publishing services co, amounting to a 1.24% stake, at 800
rupees apiece, bulk deal data from BSE shows
    ** More than 100,000 shares change hands in early trade,
2.6x the 30-day avg - Refinitiv data
    ** Stock above 50-, 100- and 200-day exponential moving avgs
since May 10, indicating bullish trend
    ** Stock has gained 115.5% so far this year, as of last
close

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))