Hot Pursuit     02-Jan-24
VST Industries hits the roof after block deals
VST Industries hit an upper limit of 20% to settle at Rs 4065.30, following multiple block deals in intraday trade today, 2 January 2024.
On the BSE, 5.10 lakh shares of the company traded in the counter as against an average trading volume 2,009 shares in the past three months.

On the NSE, 1.03 lakh shares of the company traded in the counter as against an average trading volume 5,969 shares in the past three months.

The stock has risen 24% in one month and 18% in three months and 23% in one year.

On the technical front, the stock's daily RSI (relative strength index) stood at 88.36. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 3288.83, 3384.59 and 3387.62, respectively. These levels will act as crucial support zones in near term.

VST Industries manufactures and distributes cigarettes and tobacco products. The cigarette maker's net profit slipped 17.6% to Rs 75.95 crore in Q2 FY24 as against Rs 92.16 crore recorded in Q2 FY23. Net sales (excluding excise duty) rose marginally to Rs 348.10 crore from Rs 343.39 crore posted in the same period last year.

Previous News
  VST Industries standalone net profit declines 21.21% in the March 2023 quarter
 ( Results - Announcements 26-Apr-23   07:35 )
  VST industries
 ( Results - Analysis 28-Apr-21   12:36 )
  VST Industries Ltd leads gainers in 'A' group
 ( Hot Pursuit - 19-Jul-24   12:00 )
  VST Industries to declare Quarterly Result
 ( Corporate News - 13-Jan-24   11:19 )
  VST Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 24-Jul-24   15:00 )
  Volumes spurt at Krishna Institute of Medical Sciences Ltd counter
 ( Hot Pursuit - 02-Dec-22   11:00 )
  VST Industriesschedules board meeting
 ( Corporate News - 14-Oct-22   19:09 )
  VST Industries standalone net profit rises 23.71% in the June 2022 quarter
 ( Results - Announcements 29-Jul-22   17:40 )
  VST Inds slips as Q2 PAT slides 18% YoY To Rs 76 cr
 ( Hot Pursuit - 18-Oct-23   11:05 )
  VST Industries standalone net profit declines 6.96% in the June 2021 quarter
 ( Results - Announcements 28-Jul-21   07:45 )
  VST Industries to convene AGM
 ( Corporate News - 27-Apr-22   16:51 )
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