India's JK Paper falls as Q3 profit slides

JK Paper

08/02/2024 04:12

** Shares of JK Paper  JKPA.NS  down 4.5% at 395.65 rupees
    ** Co's Q3 profit fell 28.6% YoY
    ** Earlier this month, stock went on a three-day losing
streak with a ~9% drop
    ** Stock on track for worst day since Jan 23, if trend holds
    ** Peer Andhra Paper  ANDA.NS  posted qtrly profit drop,
Emami Paper Mills  EMAP.NS  reported Dec-qtr profit surge

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