Huhtamaki India jumps after Q1 profit growth

Huhtamaki Oyj

23/04/2025 09:27

** Shares of Huhtamaki India HUHT.NS rise as much as 11.7% to 222.45 rupees
** Packaging and labelling co reported 0.5% y/y rise in Q1 profit to 261.5 mln rupees ($3.1 mln)
** Q1 rev was flat at 6.1 bln rupees
** Stock on track to gain for 2nd month; up 10.2% so far in April
** More than 1.5 mln shares traded as of 1:49 p.m. IST, 10.3x their 30-day moving avg
** HUHT last up 3.5%, cutting YTD losses to 27.2%

($1 = 85.4610 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))