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UNOMINDA UNO Minda News Story

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in flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

India's UNO Minda rises most in over a week on block deal

** Shares of UNO Minda Ltd  UNOI.NS  rise as much as 2% to
509.5 rupees, biggest intraday pct gain since Feb. 17
    ** About 761,500 shares of the ancillary manufacturer change
hands in a single block deal for 504.55 rupees apiece -
Refinitiv data
    ** Trading volume at ~894,300 shares, 1.7x the 30-day avg of
~515,300 shares, as of 1:55 p.m. IST 
    ** Twelve of the 14 analysts covering the stock have a "buy"
or higher rating, one has "hold" while one rates it at "sell";
median PT is 641 rupees - Refinitiv data
    ** Stock was down nearly 15% in 2022, after jumping 206.7%
in 2021


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

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