India's Century Enka slumps as Q1 profit more than halved

Century Enka

09/08/2023 05:28

** Shares of Century Enka  CNTE.NS  fall as much as 6.4% to
421 rupees, their biggest intraday pct loss since June 20, 2022
    ** Co on Tuesday reported its Q1 consol net PAT fell 66.5%
to 135.2 mln rupees ($1.63 mln), rev from ops fell 24.5% to 4.29
bln rupees
    ** More than 61,290 shares change hands vs 1.4x 30-day avg
of 42,932 shares
    ** Stock up 7.5% YTD, up to last close

    ($1 = 82.8000 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))