Picture of Aarti Industries logo

AARTIIND — Aarti Industries News Story

0.000.00%
in flag iconLast trade - 00:00
Basic MaterialsAdventurousMid CapHigh Flyer

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)

((Payel.das@thomsonreuters.com))

Recent news on Aarti Industries

See all news