India's AGI Greenpac soars as Q3 profit climbs

AGI Greenpac

30/01/2023 05:24

** Shares of product packaging co AGI Greenpac  AGIG.NS 
soar 10.57% - highest in over three weeks 
    ** AGIG sees best day since Dec 26, 2022
    ** Co's profit from cont ops in Q3 rose to 532.3 mln rupees 
($6.52 million) from 294.4 mln rupees a year ago 
    ** Rev from ops up 43.18% to 5.67 bln rupees 
    ** Co stocks trading above their 50-day and 100-day moving
averages for the first time since Jan. 6
    ** More than 323,478 shares traded, ~3x their 30-day moving
average 113,084 shares
    ** Stock jumped ~55% in 2022 in its third annual gain
session
($1 = 81.6550 Indian rupees)
 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com; +91 9830427878))