India's Heranba Industries slides on quarterly loss

Heranba Industries

14/02/2025 07:49

** Shares of Heranba Industries  HERN.NS  down 9.9% to 283.2
 rupees
    ** Pesticide manufacturer posts Q3 consol net loss of 101.9
mln rupees ($1.2 mln) against profit of 139.2 mln rupees a year
ago, as surge in expenses outweighed rev growth
    ** Stock set for worst pct fall since Jan 30, 2023
    ** HERN on track to fall for fourth straight week
    ** More than 377,000 shares traded, 5.8x its 30-day moving
avg
    ** Stock traded most in three months
    ** HERN rose 2.9% in 2024


($1 = 86.8510 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))