India's DB Corp rises 4% on fourth-quarter profit jump

DB

19/05/2023 08:41

** Shares of DB Corp Ltd  DBCL.NS  up as much as 4.4% at
124.40 rupees, their biggest intra-day pct jump since April 24
    ** Stock at highest level since May 3
    ** The print media co says its March-quarter surged 67% on
higher advertising revenue; Revenue from ops rose 12.5 
    ** Over 774,000 shares change hands by 01:03 p.m. IST, 4.2x
the 30-day moving avg
    ** As of last close, stock down 3.4% so far this year 

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))