India's Srivasavi Adhesive Tapes jumps after plant starts production
** Shares of Srivasavi Adhesive Tapes SRIH.NS up as much
as 9.01% at 141.50 rupees after co says Karnataka plant begins
production
** Plant starts commercial production at total estimated
cost of 50 million rupees ($600,643.89) - SRIH
** More than 50,000 shares changed hands by 12:28 p.m. IST,
2.2x 30-day avg
** Stock last up 7.9%, taking gains since March listing to
~221%
($1 = 83.2440 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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