RANHILL Bhd's shares were traded within a narrow band this week in the absence of fresh leads after an initial spike in the share price – following last week's announcement of plans to buy a 64% stake in Nagarjuna Power Corp Ltd (NPCL) of India – was not sustained.
Closing unchanged at RM6.25 yesterday (on a relatively low volume of 48,000 shares), the stock was 12 sen below last week's high of RM6.37, and RM2.50 lower its the six-month high of RM8.75 on March 17.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
