India's Indigo Paints down after Q2 profit fall

Indigo Paints

06/11/2023 07:36

** Shares of Indigo Paints  INDG.NS  down as much as 3.7% to
1,410.05 rupees
    ** INDG reports a near 32% fall in Sept-qtr profit to 253.4 
mln rupees ($3.05 million)
    ** Total expenses up 14.3%, with input costs rising 4.1% 
    ** More than 1 mln shares traded by 12:58 p.m. IST, 1.7x the
30-day avg
    ** Stock currently down 2.4%, trimming YTD gains to 9.7%



($1 = 83.2000 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))