India's Indegene gains on quarterly profit rise

Indegene

01/08/2025 06:11

** Shares of Indegene INEG.NS rise 5.2% to 571 rupees

** Stock logs biggest intraday pct gain since May 15

** Co posts a 32.7% Y/Y rise in June-qtr consol profit; consol rev from ops rises 12.4% Y/Y

** More than 1.6 mln shares change hands, 4.2x 30-day avg

** INEG rated "hold" by 5 analysts on average; median target price is 650 rupees – data compiled by LSEG

** Stock down 5.4% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))