Eveready gains on rival Duracell's planned sale by P&G

Reuters Market Eye - Battery maker Eveready Industries India jumps 4.4 percent, its highest since April 2006.

Rival Duracell's sale by Procter & Gamble Co will lead to higher relative valuations and aid market share, say traders.

Stock adds to 7.4 percent gain over last two sessions since P&G's announcement on Friday.

Procter & Gamble said it would sell its Duracell battery business, probably through a split-off.

(Reporting by Abhishek Vishnoi)