India's Vijaya Diagnostic Centre rises on $16 mln acquisition

Vijaya Diagnostic Centre

19/12/2023 08:15

** Shares of Vijaya Diagnostic Centre  VIJA.NS  rise nearly 3%
    ** Diagnostics firm on Tuesday said its board approved acquisition of P H
Diagnostic Centre for 1.35 bln rupees ($16.23 mln)
    ** Stock set to gain for a third straight quarter, if trend holds; eyes
biggest yearly rise since listing in 2021 
    ** Share price above its 100-day simple moving average since June 14 


($1 = 83.1909 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))