India's Indo Amines rises 11% on Q1 profit jump

Indo Amines

09/08/2024 09:15

** Shares of Indo Amines  INAM.NS  rise 11.2% to 170.38
rupees, hitting their highest since Feb 2024
    ** Specialty chemical maker reports a 59% jump in
June-quarter consol profit while rev from ops rose 8.8%
    ** INAM on track for third straight session of gains
    ** Stock has gained ~10% so far this week, set for fourth
straight week of gains
    ** More than 3.9 mln shares change hands, five times the
30-day avg 
    ** Stock up ~37% YTD, had gained 39% in 2023

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))