India's Synergy Green climbs on Q4 profit surge

Synergy Green Industries

26/05/2023 09:19

** Shares of Synergy Green Industries  SYNR.NS  rise as much
as 7.6% to 157.8 rupees, highest since Jan. 31
    ** Co says March-qtr profit rose nearly 79%, aided by a fall
in input costs; revenue from operations rose 3.6%
    ** Stock's MACD line above signal line since May 3,
indicating bullish momentum
    ** Relative strength index (RSI) above 70, indicating stock
is overbought
    ** Trading volume at ~37,000 shares, over 2x the 30-day avg
as of 1:30 p.m. IST 
    ** Stock last up ~15% so far this year


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))