India's Dishman Carbogen surges on posting Q2 profit

Dishman Carbogen Amcis

14/11/2024 08:02

** Shares of Dishman Carbogen Amcis  DSHM.NS  rise 16.2% to
208 rupees
    ** The pharma co posted Q2 consol net PAT of 330.9 mln
rupees ($3.9 mln) vs loss of 409 mln rupees a year ago; rev from
ops rose 35% Y/Y
    ** Co says earnings were helped by higher commercial sales
and rollover of some shipments which got pushed to Q2 from Q1
    ** More than 6.1 mln shares change hands, 13.2X its 30-day
avg
    ** Stock up 20% YTD

($1 = 84.4025 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com))