India's Garware Hi-Tech Films rises on quarterly profit jump

Garware Hi-Tech Films

14/05/2025 11:04

** Shares of Garware Hi-Tech Films GARW.NS up 3.6% at 3,654.8 rupees

** Chemicals maker's Q4 consol net profit jumped 34.6% to 778 mln rupees ($9.1 mln), revenue rose 22.7%

** Stock set to rise for sixth straight session

** More than 226,000 shares traded, 1.6x its 30-day moving avg

** GARW down ~27% YTD, rival Deepak Nitrite DPNT.NS down ~21%

($1 = 85.2420 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))