India's EPL jumps 13% on qtrly profit rise

EPL

14/08/2024 09:39

** Shares of EPL  EPLI.NS  up 13% to 246 rupees, its highest
since Sept. 2021 
    ** The plastic packaging material maker's June-qtr consol
net profit jumped 18% y/y, rev from ops grew 11% 
    ** Stock eyes busiest trading session on record with 30 mln
shares traded, 13.6x the 30-day avg 
    ** Analysts' avg rating on stock is "Buy", median PT is 268
rupees, per LSEG data 
    ** Including session's gains, stock up 22% YTD 



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))