India's Birla Corp rises on upbeat third-quarter results

Birla

06/02/2024 09:47

** Shares of Birla Corporation Ltd  BRLC.NS  up 2.8% at
1,523.8 rupees
    ** BRLC reported profit in Dec-qtr vs a loss a year ago;
profit the highest in 7 quarters
    ** Stock was flat before reporting results
    ** Over 898,000 shares traded, 5.3x the 30-day avg volume
    ** Fourteen analysts covering BRLC rate it "strong buy" on
avg; median PT is 1,610 rupees - LSEG data
    ** Stock extends YTD gains to 5.8%




 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))