India Pesticides rises on Q2 profit jump
07/11/2024 08:14
** Shares of India Pesticides IDIP.NS rise 3% to 210
rupees, their highest in over a month
** Agrochemical co reports a near 33% jump in Sept-qtr
consol profit after tax at 259.1 million rupees ($3.1
million)while rev from ops rose 13%
** IDIP on track for fifth straight session of gains
** Busiest session in over two months; more than 925,000
shares change hands, about five times the 30-day avg
** Stock down ~42% so far this year
($1 = 84.3360 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))