India's Ami Organics rises after Q4 profit jump

Acutaas Chemicals

02/05/2025 09:30

** Shares of Ami Organics Ltd AMIO.NS rise as much as 10% to 1,244 rupees
** Pharma co reportedan over two-fold jump in Q4 consol net profit to 624.8 mln rupees, rev grew 37.1% y/y helped by growth in its advance intermediates segment
** Co anticipates achieving 25% revenue growth in FY26
** More than 2.2 mln shares traded as of 1:53 p.m. IST, 3.8x their 30-day moving avg
** Mean rating of stock is 'buy'; their median PT is 1,306 rupees - LSEG data
** AMIO last up 7.4%, adding to YTD gains of 5.2%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))