India's Fine Organic falls most in over 3 months after Q3 profit drop

Fine Organic Industries

05/02/2024 07:22

** Shares of Fine Organic Industries  FINO.NS  down as much
as 3.53% at 4503.10 rupees, their sharpest intraday pct slide
since Oct. 31, 2023 
    ** Chemicals maker's Q3 consol net profit slipped 11% while
rev dropped ~36%
    ** Shares trading 3.2% down at 4,519 rupees, but more than
4% higher versus the median TP of 10 analysts covering stock;
median rating equivalent to "sell" - LSEG data
    ** Stock down 9% in 2024

 (Reporting by Hritam Mukherjee)
 ((Hritam.Mukherjee@thomsonreuters.com;))