India's Kanoria Chemicals extends fall after qtrly loss widens

Kanoria Chemicals and Industries

05/08/2024 10:33

** Shares of Kanoria Chemicals and Industries  KNRC.NS  down
7.4% to 117.84 rupees, eyes worst day since March 2020 
    ** The chemical intermediaries maker said its June-qtr
consol net loss widens to 166.4 mln rupees (about $2 mln) from
loss 26.4 mln rupees a year ago 
    ** KNRC was trading ~4% lower ahead of results and amid a
broader market sell-off with Nifty 50  .NSEI  down 2.5% 
    ** Including session's losses, stock is down ~12% YTD 




($1 = 83.8050 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))