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)
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