India's Goldiam International jumps on Q3 profit rise

Goldiam International

08/02/2024 08:50

** Shares of jewellery maker Goldiam International  GOLI.NS 
rose as much as 8.6% to 200 rupees
    ** Stock has since pared gains, now up 3.6% 
    ** Jewellery maker and exporter reported a 12.3% rise in its
consolidated profit for Dec-qtr; rev from ops rose 13.3%
    ** More than 3 mln shares change hands by 2:16 p.m. IST,
3.3x the 30-day avg
    ** Stock has been trading above 200-day moving avg since
Nov.
    ** Stock up 12.6% so far this year 

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))