India's Bikaji Foods rises on higher Q2 profit

Bikaji Foods International

25/10/2024 08:10

** Shares of Bikaji Foods International  BIKA.NS 
rise 4% to 869 rupees
       ** Snack food maker posts ~13% Y/Y rise in its consol net
profit for Sept qtr, while rev rose ~15%
       ** BIKA, on an avg, rated "buy" by analysts, median TP
775 rupees - LSEG data
       ** BIKA up 59% YTD vs 15.5% rise in Nifty 500 index
 .NIFTY500 
     

(Reporting by Yagnoseni Das in Bengaluru)
((mailto:Yagnoseni.Das@thomsonreuters.com;))