India's Balaji Amines drops after Q1 profit slide

Balaji Amines

08/08/2024 08:11

** Shares of India's Balaji Amines  BAMN.NS  drop 5.5% to
2,256.35 rupees 
    ** Chemical maker's Q1 consol net profit slid ~18% y/y to
432.9 mln rupees ($5.2 mln), revenue dropped 17% 
    ** Trading vols 2.6x 30-day avg 
    ** YTD stock has fallen over 15% 


($1 = 83.9475 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))