India's Century Enka rises on Q1 profit jump

Century Enka

05/08/2024 10:45

** Shares of Century Enka  CNTE.NS  climb 3% in high volumes
    ** Industrial yarn and fabric maker posted a 73% rise in Q1
consol profit, rev rose 23%
    ** CNTE, which was down around 5% ahead of results, rose as
much as 6.6% after the announcement 
    ** Rise comes amid broader weakness in markets, about 90% of
Indian stocks are down in sell-off
    ** More than 323,000 shares traded, nearly 8x their 30-day
avg      
    ** Stock up nearly 36% YTD 

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))