India's Kapston Services rises most in two months on Q1 profit jump

Kapston Services

31/07/2023 09:55

** Shares of Kapston Services  KAPS.NS  rise as much as 5%
to 153.3 rupees; logs biggest intraday pct gain since May 30
    ** The company, which provides facilities and security
services, reported a profit after tax of 27.9 mln rupees
($339,106.65) versus profit 12.8 mln rupees year ago
    ** Rev from ops jumped ~25% to 1.13 bln rupees
    ** KAPS trading above its 50-day, 100-day and 200-day simple
moving averages, indicating bullish sentiment
    ** More than 13,343 shares change hands by 02:16 p.m. IST vs
3.1x 30-day avg of 4,339 shares
    ** Stock up 22.8% YTD up to last close



($1 = 82.2750 Indian rupees)

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