India's Sree Rayalaseema jumps after unit commences commercial production

Sree Rayalaseema Hi-Strength Hypo

28/03/2024 05:40

** Shares of Sree Rayalaseema HiStrength Hypo  SRHL.NS  up
5.1% to 500.55 rupees
    ** The industrial chemicals manufacturer said on Wednesday
its unit has commenced commercial production of sodium metal
with a capacity of 2 tons per day in Andhra Pradesh state
    ** More than 35,000 shares change hands by 11:04 a.m. IST,
1.9x the 30-day avg
    ** Stock is poised to break a two-session losing streak;
eyes second consecutive week of gains
    ** SRHL, however, is set for its third consecutive quarter
of losses and its second straight month of declines
    ** Including session's moves, stock down 11.2% YTD 


    


    

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))