India's Balaji Amines jumps 11% on Q4 profit climb

Balaji Amines

08/05/2024 10:14

** Shares of Balaji Amines  BAMN.NS  rise as much as 11% to
2,315.05 rupees, set to snap eight-session losing streak
    ** Specialty chemicals maker reports 43.5% rise in Q4 consol
net profit
    ** BAMN also declares dividend of 11 rupees per share 
    ** Trading volume at ~6x the 30-day moving average in
stock's busiest session in nearly one month
    ** Stock still down ~12% YTD, its third straight annual
decline
    


($1 = 83.5055 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))