India's Responsive Industries jumps 11%; stock in overbought zone

Responsive Industries

07/06/2023 11:01

** Shares of Responsive Industries  RSPO.NS  jump as much as
11.08% to a new 52-week high of 175 rupees
    ** PVC products maker launches new product "Artisan Edge" in
the U.S. market
    ** Product to provide handcrafted edge finish to improve
flooring solutions
    ** Stock most active in over a month with a trading volume
of 840,191 shares as of 3:22 p.m. IST, more than five times the
30-day avg - Refinitiv data
    ** The relative strength index of RSPO is above 70,
suggesting the stock may be overbought
    

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))