India's Chaman Lal Setia Exports rise after buyback approval

Chaman Lal Setia Exports

07/08/2024 08:41

** Shares of India's Chaman Lal Setia Exports  CLSE.NS  rise
3.6% to 231 rupees after jumping ~8% earlier 
    ** Co approved share buyback worth upto 602.4 mln rupees 
($7.2 mln) 
    ** Separately, co's profit fell as a jump in costs
outweighed revenue rise 
    ** Trading vols 2.2x 30-day avg 
    ** YTD stock has fallen over 6% 

($1 = 83.9364 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))