India's Ugro Capital at two-month high, to consider raising funds
06/04/2023 08:26
** Shares of Ugro Capital Ltd UGRO.NS rise as much as 4.8%
to 163 rupees, their highest since Feb. 7
** The small business lender to convene board meet on April
11 to consider raising funds via a preferential issue
urn:newsml:reuters.com:*:nFWN3680Y1
** Stock on track for third straight session of gains
** Stock above its 50-day simple moving average, while below
its 200-day simple moving average
** More than 139,000 shares traded as of 12:49 p.m. IST, 1.6
times their 30-day moving avg
** UGRO up 2.9% YTD, as of last close
(Reporting by Meenakshi Maidas in Bengaluru)
((meenakshi.maidas@thomsonreuters.com;))
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