India's Chambal Fertilisers rises after Q3 profit jump

Chambal Fertilisers and Chemicals

06/02/2024 09:35

** Shares of India's Chambal Fertilisers and Chemicals
 CHMB.NS  up 2.5% at 356 rupees 
    ** CHMB rose as much as 3.54% to hit intraday high at 359.80
rupees earlier in the session 
    ** Co's Q3 consol net profit jumped ~42% while revenue
nearly halved
    ** Co on track to end a three-session losing streak
    ** More than 4.6 mln shares changed hands by 2:53 p.m. IST, 
1.2x 30-day avg 
    ** Stock down 4% YTD after 20% jump in 2023 

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