India's Sparc Electrex rises on negotiations with Hyundai Corp Holdings
21/06/2023 06:17
** Shares of Sparc Electrex SPAT.BO rise as much as 5% to
23.32 rupees, post steepest intraday climb since May 9
** Co on Tuesday said that it is negotiating with Korea's
Hyundai Corporation Holdings Co 227840.KS
** Negotiations for an exclusive license agreement for SPAT
to use "HYUNDAI" trademark for developing, manufacturing and
selling power tools and accessories in India - co
** Stock trading above 50-day and 100-day simple moving
averages
** Stock up 29% YTD, including session's gains
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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