India's Gokul Agro Resources hits record high on Q1 profit surge

Gokul Agro Resources

05/08/2024 05:19

** Shares of Gokul Agro Resources  GOKG.NS  rise as much as
16.8% to a record high of 229 rupees; last up 13.5%
    ** Edible and non-edible oil maker on Saturday reported over
two-fold rise in Q1 profit to 540.4 mln rupees ($6.5 mln); rev
jumped 74.1%
    ** Stock on track for best day since Oct 2022 if gains hold
    ** More than 3 mln shares traded as of 9:40 a.m. IST, 7x
their 30-day moving avg
    ** GOKG up 78.5% YTD, including session's gains

($1 = 83.7900 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))