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EMAMIPAP — Emami Paper Mills News Story

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India's Emami Paper Mills jumps 20% on Q1 profit surge

BUZZ-India's Emami Paper Mills jumps 20% on Q1 profit surge

** Shares of India's Emami Paper Mills EMAP.NS hit 20% upper circuit to 11-month high of 118.63 rupees after reporting Q1 earnings

** Company's Q1 Profit after tax up six-fold year-on-year to 386.1 million rupees; while revenue up about 22%

** Nearly 800,000 shares change hands so far, ~18.5x of 30-day average daily volume

** YTD, EMAP up 35.8%


(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))

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