India's Saregama surges after licensing deal with TikTok rival Triller

Saregama India

06/04/2021 06:45

** Shares of India's oldest music label Saregama  SARE.NS 
rise as much as 7.12% to hit a record high of 1,821 rupees
    ** Co strikes https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f70a556-fb5f-45b5-a163-230908817128.pdf
 global licensing deal with TikTok rival Triller
    ** Saregama will license its entire catalogue of songs in
several regional languages to the social video platform
    ** More than 36,390 shares traded by 0621 GMT, 0.4 times
their 30-DMA volume of 83,628 shares
    ** Stock up 103.48% this year, as of last close

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))