India's Hi-Tech Pipes jumps after rise in Q3 earnings

Hi-Tech Pipes

30/01/2023 09:34

** Shares of Hi-Tech Pipes  HITC.NS  rise as much as 6.05%,
the biggest intraday gain in over a month, to 959 rupees
    ** The steel processing company reported an uptick in Q3
consolidated net profit, revenue and core profit on Saturday
    ** Improved capacity utilisation, sales realisation and
increase in share of value added products aided the earnings, co
says
    ** About 136,683 shares change hands as of 2:37 p.m. IST,
0.9x of the 30-day avg of 149,927 shares
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))