India's Shriram Properties eyes best week since listing

Shriram Properties

23/08/2024 06:44

** Shares of real estate firm Shriram Properties  SRIP.NS 
rise 6.3% to 134.46 rupees a piece
    ** Stock, which rose 14.5% on Wednesday after setting
bullish profit targets, saw BNP Paribas Financial Markets adding
0.5% stake on Thursday - NSE data
    ** SRIP up 36.4% this week, on course for best week since
its stock market debut in December 2021 - NSE data
    ** Stock's relative strength index has been above 70 for two
sessions in a row, suggesting the stock may be overbought - LSEG
data

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