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KNACK — Knack Packaging News Story

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India's Knack Packaging gains after quarterly profit surges

BUZZ-India's Knack Packaging gains after quarterly profit surges

** Shares of Knack Packaging KNAC.NS rise as much as 6.6% to 222 rupees, their highest level since listing on July 8; stock last up 3.7%

** Packaging solutions provider reports 48% y/y surge in June-quarter consol net PAT to 305.3 million rupees ($3.20 million)

** Consol revenue from operations jumps 40.9% Y/Y

** Stock up 18.1% since listing

($1 = 95.2600 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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