India's Cosmo First hits 2-year high on Q1 profit surge

Cosmo First

09/08/2024 07:59

** Shares of Cosmo First  CSFL.NS  surge 8.5% to two-year
high
    ** Packaging paper-maker's Q1 profit surged 2.2X YoY
    ** Rivals TCPL Packaging's  TCPL.NS  and Huhtamaki India's
 HUHT.NS  profits climbed as well
    ** CSFL stock last up ~2%, set to rise for fourth straight
session
    ** CSFL up ~49% YTD, TCPL and HUHT up ~38% and ~44%
respectively

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))