India's Thomas Scott hits record high on fundraise plan

Thomas Scott (India)

19/12/2024 07:35

** Shares of Thomas Scott (India)  TSIL.NS  rise as much as 5%
to a record high of 433.17 rupees
    ** Stock also hits upper limit of exchange-mandated trading
band
** Textile products maker says it will consider proposal for
raising funds on Dec. 21
    ** Stock on track to gain for 4th straight week; up 21.5% so
far this week
    ** More than 101,000 shares traded as of 12:54 p.m. IST, vs
their 30-day moving avg of ~72,800 shares
    ** TSIL gained 114.6% YTD so far

(Reporting by Meenakshi Maidas in Bengaluru)
((meenakshi.maidas@thomsonreuters.com;))