India's Jamna Auto Industries hits 1-month high on Q1 profit rise

Jamna Auto Industries

14/08/2023 07:14

** Shares of Jamna Auto Industries  JMNA.NS  rise as much as
5% to 114.75 rupees, highest since July 11
    ** Stock logs largest intraday pct climb since July 6
    ** Co's June-quarter consolidated net profit rises 21.8% YoY
to 455.9 mln rupees ($5.5 mln)
    ** Revenue up 5% to 5.75 bln rupees; outweighs 3% increase
in expenses
    ** Nearly 4.6 mln shares traded as of 11:37 a.m. IST, 1.6X
the 30-day moving average
    ** Including day's move, stock up 6.7% YTD
    
($1 = 82.9590 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))