India's Dhampur Sugar Mills falls as quarterly profit halves

Dhampur Sugar Mills

01/11/2023 08:29

** Shares of Dhampur Sugar Mills  DAMS.NS  fall as much as
3.64% to 255.5 rupees
    ** The sugarcane processor posted 52.9% fall in Sept-quarter
consolidated net profit; revenue from operations declined 9.6%
    ** Co's mainstay sugar segment saw 40.33% fall in revenue
    ** Stock below 50-,100- displaced moving averages for sixth
straight day
    ** Stock last down 3.3%, trimming YTD gains to 3.29%

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))