India's UNO Minda hits 8-1/2 month low on multiple block deals

UNO Minda

16/03/2023 09:22

** Shares of UNO Minda Ltd  UNOI.NS  fall as much as 3.54%
to 468.65 rupees, lowest since July 1, 2022
    ** About 1.14 mln shares of auto-parts maker changed hands
in six block deals as of 2:20 pm, according to Refinitiv data
    ** Stock's relative strength index at 31.5, trending close
to the oversold territory of 30
    ** Trading volume at ~1.83 mln shares as of 2:36 p.m. IST,
highest since June 13, 2022
    ** Twelve analysts rate stock equivalent of 'buy' or higher,
one 'hold' and one 'sell;' median PT is 641 rupees - Refinitiv
data
    ** Up to last close, stock was down 6.8% so far this year


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))