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KMEW — Knowledge Marine & Engineering Works News Story

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India's Knowledge Marine hits record high after profit jumps over 5-fold

BUZZ-India's Knowledge Marine hits record high after profit jumps over 5-fold

- ** Shares of Knowledge Marine & Engineering Works KNOW.NS rise 6.7% to a record high of 2914.6 rupees

** Marine services firm's Q1 consol profit jumps over 5-fold Y/Y; rev more than doubles

** Earnings were supported by a sharp rise in dredging revenue

** Over 345,000 shares traded, 3.7x the 30-day avg

** Stock up 50% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com;))

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