India's Sportking posts record intraday gain as plant raises output

Sportking India

04/10/2022 07:00

** Shares of textile co Sportking India Ltd  SPOT.NS  rise
as much as 11.8%, their biggest-ever intraday jump
    ** Stock hits 855 rupees, highest since Sept. 23
    ** Co said on Monday it started commercial production of
additional 40,800 spindles at Bathinda plant for manufacturing
of polyester cotton yarn  urn:newsml:reuters.com:*:nFWN31201P
    ** About 86,000 shares change hands by 0545 GMT, 2x 30-day
avg of 42,248 shares
 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))