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FinancialsSpeculativeMid CapMomentum Trap

India's Sundaram Finance Holdings hits almost 4-yr high

** Shares of Sundaram Finance Holdings Ltd  SNDA.NS  rise as
much as 16.1% to 100 rupees, their highest since Nov. 2018
    ** Holding co posts biggest pct gain since Apr. 2021
    ** Stock up for second straight session
    ** More than 1.7 mln shares change hands as of 0722 GMT,
15.3 x their 30-day moving avg of 114,048 shares
    ** Shares up 13.4% YTD, as of last close
    ** Shares last up 14.1%
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))

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