India's Amrutanjan Healthcare rises ahead of considering share buyback

Amrutanjan Health Care

30/06/2023 05:36

** Shares of Indian balm-maker Amrutanjan Healthcare
 AJAN.NS  up as much as 3.15% at 688.95 rupees
    ** Co said on Monday that it will consider share buyback on
Friday 
    ** Co shares trading above 50-day and 100-day simple moving
averages, indicating bullish pattern 
    ** Relative Strength Index seen above 70, indicating stock
in overbought zone
    ** More than 34,488 shares changed hands by 9:54 a.m. IST,
0.5x 30-day avg of 68,589 shares 
    ** YTD stock had fallen ~4% as of last close 

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