India's Himadri Speciality hits upper circuit after Q3 profit rise

Himadri Speciality Chemical

16/01/2024 07:54

** Shares of Himadri Speciality Chemical  HIMD.NS  rise as
much as 5% to hit upper circuit at 393.50 rupees; stock pared
some gains to trade up 4.1% as of 1:05 p.m. IST
    ** Co reported ~67% Y/Y rise in Q3 consolidated net profit,
with a 1.5% increase in rev from ops  
    ** Sales volume up 26%, while total expenses down 5.5%  
    ** Stock up 207% in 2023, its best yearly performance since
2017



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))