India's Syrma SGS Tech up 4% after two foreign investors buy stake

Syrma SGS Technology

24/05/2023 07:08

** Shares of Syrma SGS Technology Ltd  SYRM.NS  rise as much
as 4.10% to 374.90 rupees
    ** Rise after Neuberger Berman Emerging Markets Equity
Master Fund bought 2.5 mln shares at 351.90 rupees per share,
through open market transactions on Tuesday, block deal data on
BSE shows
    ** Norges Bank on account of the Government Pension Fund
Global bought 3.8 mln shares at 351.90 rupees apiece
    ** South Asia Growth Fund II Holdings, LLC sold 5.324 mln
shares at 351.90 rupees
    ** Sanjiv Narayan sold 1.5 mln shares at 351.90 rupees
apiece
    ** Stock up nearly 14% in the last four sessions; relative
strength index of the stock is at 82, suggesting it may be
overbought
    ** Trading volume is 1.29 mln shares as of 11:28 a.m. IST,
1.4x the 30-day avg - Refinitiv data



     ($1 = 81.7800 Indian rupees)
    
    


($1 = 81.7800 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))