India's Technopack Polymers surges on bonus share issue

Technopack Polymers

05/12/2024 06:07

** Shares of Technopack Polymers  TECO.BO  rise to an
exchange-allowed maximum of 20% to 81.60 rupees
    ** The plastic packaging manufacturing firm will issue one
bonus share for each share held
    ** Trading volumes stand at 102,000, 8.8x the 30-day average
    ** Relative strength index (RSI) rises to 72, suggesting
stock might be overbought - LSEG data 
    ** Day's gains trim YTD losses to 0.2%

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))