India's Usha Martin up after Societe Generale buys co's shares

Usha Martin

10/07/2023 05:44

** Shares of India's Usha Martin  USBL.NS  up as much as
2.63% at 288.7 rupees 
    ** Societe Generale buys 1.7 mln shares of wire manufacturer
at 279.99 rupees apiece, as per exchange data
    ** Stock trading above 50-day, 100-day and 200-day simple
moving averages, indicating bullish trend 
    ** YTD stock has risen ~67%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))