India's Godrej Agrovet up nearly 7% on Q1 profit growth

Godrej Agrovet

02/08/2023 08:15

** Shares of agribusiness co Godrej Agrovet  GODE.NS  rise
as much as 6.59% to 520 rupees 
    ** Co reported 27.3% Y/Y rise in June-qtr consolidated net
profit on Tuesday, just before market close 
    ** Share price above 50-day, 100-day and 200-day exponential
moving averages, suggesting bullish trend
    ** More than 1.7 mln shares change hands by 12:36 p.m. IST,
7.4x 30-day avg
    ** Avg rating of 7 analysts equivalent of "hold", median PT
is 462.50 rupees - Refinitiv data
    ** Stock up 5.1% this year


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))