India's Sai Silk (Kalamandir) jumps on higher Q1 turnover

Sai Silks (Kalamandir)

02/07/2025 09:54

** Shares of Sai Silk (Kalamandir) SAIS.NS rise 8.2% to 165.3 rupees

** Apparel retailer's Q1 turnover 3.79 bln rupees ($44.2 mln), up 42% y/y

** Stock set to rise most in a session since August 19, 2024

** Stock moved above its 200-day simple moving average after news

** More than 4.9 mln shares traded, 6.2x its 30-day moving avg

** Shares traded most since Oct 13, 2023

** SAIS trims YTD losses to ~2%

($1 = 85.6800 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))