India's Magellanic Cloud rises on higher Q1 profit
** Shares of India's Magellanic Cloud MAGL.NS up 2.3% to 86 rupees ** Stock set to gain for the first session in four ** On Monday, IT services firm reported Q1 consolidated PAT rose ~5% to 277.7 million rupees ($3.22 million), revenues surged 24% ** Stock up 10% since its February listing this year ($1 = 86.2310 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru) ((Hritam.Mukherjee@thomsonreuters.com;))
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