India Glycols rises most in 6 months on Q1 profit jump

India Glycols

08/08/2023 05:51

** Shares of India Glycols  IGLY.NS  rise as much as 8.5% to
689.9 rupees, highest since Feb 1
    ** Co on Monday reported consolidated net profit at 405.3
million rupees, up 78% Y/Y
    ** Rev from ops rose a marginal 1.3% while expenses remained
flat y-o-y
    ** More than 411,590 shares change hands by 10:19 a.m. IST
vs 4.7x 30-day avg of 88,381 shares
    ** Stock down 17.1% YTD up to last close



($1 = 82.8050 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))