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543275 Anupam Rasayan India News Story

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Anupam Rasayan India rises after quarterly profit growth

** Shares of Anupam Rasayan India Ltd ANUY.NS rise as much as 6% to 995 rupees

** Specialty chemicals maker reported a 44.2% y/y rise in Q4 consol net profit to 445.7 mln rupees ($5.25 mln)

** Rev, PAT beat estimates on signs of recovery in agchem, traction with new pharma molecules; factoring in 17% rev, 39% PAT CAGR for FY25–27 - Jefferies

** Stock on track to snap 3 days of losses

** Mean rating of stock 'sell'; median PT 556.5 rupees - data compiled by LSEG

** ANUY last up 3.7%, adds to YTD gains of 30%

($1 = 84.8950 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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