India's JK Paper hits over 1-month high on qtrly profit climb

JK Paper

25/07/2023 04:58

** Shares of JK Paper Ltd  JKPA.NS  up as much as 5.3% to
330 rupees, their highest since June 21
    ** Paper producer on Monday, after market hours, posted a
17.8% YoY rise in its June qtr consol net profit
    ** Revenue from ops for the qtr rose ~11% YoY
    ** Over 732,000 shares change hands by 09:24 a.m. IST, 1.3x
the 30-day moving avg
    ** As of last close, stock down ~23% so far this year
 
 ($1 = 81.6980 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))