Gujarat Narmada Valley Fertilizers slips on Q3 profit slump

Gujarat Narmada Valley Fertilizers & Chemicals

08/02/2024 05:41

** Shares of Gujarat Narmada Valley Fertilizers & Chemicals
 GNFC.NS  down as much as 5.4% to 663.05 rupees
    ** The fertilizers and chemicals maker reported a nearly
70.3% fall in its Q3 consolidated net profit, and rev from ops
fell 22% year-on-year
    ** Stock on track for a second consecutive session of
losses, if trend holds
    ** More than 1.6 mln shares change hands, 1.4x the 30-day
avg
    ** Stock down 8.1% so far this year 
    

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