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AEGISLOG Aegis Logistics News Story

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India's Aegis Logistics gains on quarterly profit rise

BUZZ-India's Aegis Logistics gains on quarterly profit rise

** Shares of India's Aegis Logistics AEGS.NS jump as much as 8.4% to 774 rupees; last up 4.3%

** Supply chain firm's quarterly consol net profit jumps 45.7% y/y to 4.1 billion rupees ($43.08 million)

** Revenue from operations rose nearly 52.2% y/y, outpacing total expenses increase of 50.1% y/y

** Trading volumes over 6x the 30-day average

** AEGS rated "buy" on average by five analysts, median PT: 701 rupees - data compiled by LSEG

** YTD, stock up nearly 5.3%


($1 = 95.1650 Indian rupees)


(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))

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