India's S H Kelkar rises on trimming 50% stake in Purandar Fine Chemicals

S H Kelkar And

05/04/2023 07:18

** Shares of fragrance and flavours maker S H Kelkar and
Company Ltd  SHKE.NS  rise as much as 2.84% to 104.9 rupees,
highest in over three weeks since March 13
    ** Co's unit Keva Fragrances sells 50% stake in Purandar
Fine Chemicals Pvt Ltd
    ** Purandar Fine Chemicals ceases to be a joint venture of
Keva Fragrances after divestment, says co
    ** Trading volume at 99,905 shares as of 11:36 a.m. IST,
0.4x the 30-day avg of 250,523 shares - Refinitiv data


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