India's Ajanta Soya slumps on Sept-qtr loss

Ajanta Soya

15/11/2022 08:37

** Ajanta Soya's shares  AJAS.BO  fall as much as 15.75% to
34.50 rupees, lowest since Oct. 28
    ** The edible oil maker posts Sept-qtr net loss vs a yr-ago
profit  urn:newsml:reuters.com:*:nFWN32A4VX
    ** Revenue from operations fell 25.6%, overshadowing a 21.5%
drop in total expenses
    ** Over 550,000 shares traded, 3.3x the 30-day avg
    ** Stock set for fourth straight session of losses
    ** Stock last down 6.7%, extending YTD losses to ~17%
 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com;))