India's Jamna Auto gains on rise in Q3 earnings

Jamna Auto Industries

03/02/2023 10:03

** Shares of Jamna Auto Industries  JMNA.NS  rise as much as
4.8% to 109.90 rupees, highest in over six weeks
    ** The slide in automotive parts maker's stock comes after
the company reported a rise in net profit, revenue in the third
quarter
    ** Core profit margin rose 10% to 657.07 mln rupees in the
third quarter
    ** Trading volume is 2.14 mln shares as of 3:19 p.m. IST,
more than quadruple the 30-day average of 469,282 shares
    ** Of the six analysts tracking the company, three rate it
"buy", two "sell" and one "hold"; median TP is 135 rupees:
Refinitiv data
 ($1 = 82.1300 Indian rupees)
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))