India's Aditya Birla Money hits upper circuit on jump in Q4 profit

Aditya Birla Money

23/04/2024 07:15

** Shares of Aditya Birla Money  ABML.NS  rise 5% to hit
upper circuit at 128.25 rupees; highest level since Jan 31   
    ** Brokerage says its Q4 PAT more than doubled to 164.6 mln
rupees ($1.97 mln); total rev from ops jumped 73.1%
    ** Stock moves above its 50-day, 100-day SMAs, indicating
bullish sentiment
    ** Trading vol is 1.8x the 30-day daily avg
    ** Stock gained 74.2% in 2023, most in a year since 2017
    ** ABML rose 23.6% so far in 2024





($1 = 83.3750 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))