India's Madhya Bharat Agro climbs on Q3 profit surge

Madhya Bharat Agro Products

15/01/2025 07:35

** Shares of Madhya Bharat Agro Products  MADY.NS  jump 9%
after co reports Q3 profit surging over 13x 
    ** Stock of co, which makes fertilisers and chemical
products, was up 3% before results 
    ** December-quarter profit from continued operations soared
to 179 mln rupees vs 13 mln rupees a year ago
    ** Revenue from operations jumps 16% to 2.84 bln rupees
    ** Trading volumes at 77,000 shares vs 30-day avg of 33,000
shares 
    ** So far in 2025, stock has grown ~20% vs 2024's 22% slide 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))