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Garment Mantra Lifestyle stock zooms 11% amid market fall, here's why

Shares of Garment Mantra Lifestyle rose nearly 7% in early trade today after the board of the firm approved stock split in the ratio of 1:10. The stock opened with a gain of 2.47% at Rs 101.80 today against the previous close of Rs 99.35 on BSE.

Later, Garment Mantra Lifestyle stock zoomed 10.71% to an intraday high of Rs 110. The share trades higher than 5 day and 20 day moving averages but lower than 50 day, 100 day and 200 day moving averages. ....

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