India's TTK Healthcare up 5% after Q4 profit jumps

TTK Healthcare

23/05/2023 09:21

** Shares of TTK Healthcare Ltd  TTKH.NS  rise as much as
5.37% to 1,310 rupees 
    ** Co on track for a sixth consecutive session of gain, if
trends hold
    ** The healthcare co said its Q4 profit rose ~60% Y/Y;
revenue from operations rose 13.5% 
    * Share price above 50-day, 100-day and 200-day simple
moving averages, suggesting bullish trend
    ** TTKH's relative strength index above 70, indicating it is
overbought
    ** More than 90,000 shares change hands by 1:43 p.m. IST,
1.6x 30-day avg of 58,380 shares
    ** Including session's gain, stock up 28.8% YTD


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))