India's Vinati Organics hits more than two-year low

Vinati Organics

13/03/2024 09:53

** Shares of Vinati Organics  VNTI.NS  down 2% to 1,570
rupees
    ** Reuters could not immediately verify a reason for the
stock move
    ** Stock posts its lowest level since May 2021; on track for
third consecutive week of losses if trends hold
    ** About 41,000 shares change hands as of 3:11 p.m. IST,
1.1x its 30-day avg. - LSEG data
    ** Average rating of 12 analysts tracking the stock is
"hold"; median PT is 1,626 rupees
    ** Including session moves, VNTI is down 10% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))