India's Amagi Media Labs hits record high after Q1 profit surge
BUZZ-India's Amagi Media Labs hits record high after Q1 profit surge ** Shares of India's Amagi Media Labs AMAI.NS rise as much as 13.9% to hit record high of 727.40 rupees; stock last up 8.8%
** Cloud-based software provider reports more than eight-fold Y/Y jump in June-quarter consolidated net profit
** Consolidated revenue from operations up 32.4% Y/Y
** More than 3.4 million shares change hands, about 7.7x the 30-day average volume - LSEG compiled data
** Stock up 99.6% since listing on January 21, 2026
($1 = 95.3800 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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