D-Link (India) hits record high on Q2 profit jump

D-link (India)

25/10/2022 10:20

** D-Link (India) shares  DLIL.NS  rise as much as 11.4% to
a record high of 267.80 rupees
    ** The networking firm, on Saturday, posted about 80% surge
in Q2 consol net profit, while rev from ops rose 19.6%
    ** Stock had rallied 18% in special one-hour "muhurat"
trading session on Monday (mkt was closed due to Diwali holiday)
    ** Trading vols closing on 5 mln, 10x their 30-day moving
avg of 505,909 shares
    ** Shares last up 4.5% taking YTD gains to ~40.5% YTD
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))