India's Sudarshan Chemicals up on sale of Japan, Shanghai units

Sudarshan Chemical Industries

07/03/2024 04:50

** Shares of Sudarshan Chemicals Industries  SDCH.NS  rise
3.9% to 587.25 rupees, and last up 2.7%
    ** Pigments maker on Wednesday said it approved sale of
Sudarshan Japan and Sudarshan (Shanghai) to Sudarshan Europe
    ** SDCH set to snap three-session losing streak, but remains
on track for 2nd consecutive week of decline
    ** Avg rating of eight analysts on SDCH at "buy"; median PT
is 620 rupees - LSEG data
    ** In the last 12 months, stock is up 57.3%

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))