India's BCL Industries jumps on Q2 profit surge
10/11/2023 08:32
** Shares of BCL Industries BCLN.NS up as much as 6% to
54.85 rupees
** Stock on track for a sixth consecutive sessions of gains,
if trend holds
** Co reported a more than 22-fold rise in its consolidated
net profit to 179.6 mln rupees ($2.15 mln) for the quarter ended
Sept. 30
** Revenue from operations rose 6.2% to 4.81 bln rupees
** More than 2 mln shares traded by 2:00 p.m. IST, 1.8x
their 30-day avg
** Stock currently up 4.2%, pushing YTD gains to 69.2%
($1 = 83.3810 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))