India's Jyothy Labs hits six-month high on Q1 profit rise

Jyothy Labs

25/07/2024 09:02

** Shares of Jyothy Labs  JYOI.NS  rise as much as 7.8% to
547.7 rupees, highest since Jan 31
    ** Fabric-care to dish wash soap maker posts ~6% increase in
Q1 profit; rev from ops up 8% Y/Y
    ** JYOI last up 7.2%, set for fourth consecutive day of
gains, with trading vol 4.3x the 30-day avg
    ** Analysts avg rating is the equivalent of "buy"; median PT
is 480 rupees -LSEG data

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))