India's Wardwizard Foods surges on MoU with Gujarat govt

Wardwizard Foods and Beverages

14/12/2023 07:28

** Wardwizard Foods and Beverages  WARI.BO  shares up 10% to
33 rupees, their highest intraday pct gains since Dec. 1
    ** Frozen food maker signs MoU with Gujarat govt; project
poised to catalyze investment of 5 billion rupees ($60.00
million)
    ** Co to expand operations across Gujarat, aims to broaden
production
    ** WARI marks its most active session in more than 6 years
with over 793,000 shares traded, 2.6x the 30-day avg of 308,803
shares
    ** Day's gain trims YTD losses to 27% from 33%


($1 = 83.3400 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))