India's Aarti Industries rises as quarterly profit jumps over threefold
BUZZ-India's Aarti Industries rises as quarterly profit jumps over threefold ** Shares of India's Aarti Industries ARTI.NS rise 3.5% to 496.80 rupees
** The speciality chemicals maker reports June-quarter consol net profit increases more than threefold to 1.55 billion rupees ($16.26 million) from 430 million rupees a year earlier
** Consol revenue from operations rises 42.4% Y/Y in the quarter
** More than 4.8 million shares change hands, about 6.1x the 30-day average volume
** Stock rated "buy" on average by 19 analysts; median PT is 530 rupees, according to LSEG-compiled data
** Stock up 32.9%, YTD
($1 = 95.3300 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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