India's hospitality company EIH rises after Q2 profit jump

EIH

06/11/2023 07:02

** Shares of EIH Ltd  EIHO.NS  rise as much as 5.5% to 234.9
rupees
    ** Co reported an over three-fold jump in consolidated net
profit to 931.1 mln rupees ($11.19 million) 
    ** Revenue from operations rose 32.3% to 5.31 bln rupees 
    ** More than 1.8 mln shares traded by 12:28 p.m. IST, 1.9x
30-day avg
    ** Stock currently up 4.7%, pushing YTD gains to 31.4%

($1 = 83.2100 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))