India's Indraprastha Medical hits over 1-1/2-yr high on qtrly profit rise

Indraprastha Medical

07/11/2022 07:22

** Shares of healthcare co Indraprastha Medical Corporation
Ltd  IMCL.NS  rise as much as 16.3% to 84.80 rupees, their
biggest intra day pct gain since May 5, 2021
    ** Co late on Friday posted a more-than-double rise in
Sept-qtr PAT at 251.3 mln Indian rupees ($3.06 mln), compared to
120.8 mln rupees year ago  
    ** Sept-qtr revenue from operations stood at 2.84 bln
rupees, up 22.1% Y/Y, while total expenses rose 16.1% Y/Y at
2.52 bln rupees
    ** Stock up for three straight sessions
    ** More than 2.6 mln shares traded as of 0714 GMT, 15.7X
their 30-day moving avg of 165,418 shares
    ** Shares down 4.3% YTD, as of last close
($1 = 82.2200 Indian rupees)
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com; Mobile: +91 8921483410))