India's Monte Carlo Fashions rises 12%, most in over 8 months

Monte Carlo Fashions

17/03/2023 08:29

** Shares of apparel co Monte Carlo Fashions Ltd  MOCF.NS 
rise as much as 12.4% to 603 rupees, marking their sharpest
intraday pct gain since June 27, 2022
    ** Shares hit their highest since Feb. 22 
    ** Stock posts its most active trading session in over a
month since Feb. 10
    ** More than 122,030 shares change hands by 1:36 p.m. IST,
3.9x 30-day avg of 31,095 shares
    ** Moving Average Convergene Divergence (MACD) line moves
above signal line, suggesting bullish momentum
    ** Stock down 13.2% YTD 

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))