India's Aksharchem gains on posting profit in Q1

Aksharchem (India)

02/08/2024 11:05

** Shares of Aksharchem  AKSH.NS  rise 10% to 366 rupees
    ** Specialty chemical maker reported a profit of 11.6 mln
rupees ($138,540) vs a loss of 53.8 mln rupees year ago
    ** More than 57,000 shares change hands, 1.8x its 30-day avg
    ** Stock up 23% so far this year



($1 = 83.7300 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))