India's Madras Fertilizers gains on posting qtrly profit

Madras Fertilizers

16/08/2024 07:11

** Shares of Madras Fertilizers  MDFT.NS  up as much as 8.8%
before trimming some gains, last up 5.9% to 111.88 rupees 
    ** The complex fertilizers maker reported a June-qtr profit
of 404.8 mln rupees (about $5 mln) from loss of 344 mln rupees a
year ago 
    ** Stock sees busiest trading day in 17 sessions, over 2 mln
shares traded 
    ** At current price, stock up ~3% this week, snapping two
straight weeks of losses 
    




($1 = 83.9500 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))