India's Himatsingka Seide rises on quarterly profit gain

Himatsingka Seide

02/02/2024 09:27

** Shares of textile firm Himatsingka Seide  HMSD.NS  up 4.1% at
172.35 rupees, sharpest gain since early December 
    ** Co posts over 14 fold rise in Dec-qtr consol profit
    ** Co reported 15.1% fall in Sep-qtr profit, stock has
gained 15.4% since, per last close 
    ** Stock has been trading over its 200-day simple moving avg
since May
    ** Trading volumes at 7.4 times the 30-day avg, busiest
trading since early December 
    ** Shares logged 102.1% gains in 2023, highest since 2015   
  


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))