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MANKIND — Mankind Pharma News Story

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India's Mankind Pharma gains on higher quarterly profit

BUZZ-India's Mankind Pharma gains on higher quarterly profit

** Shares of India's Mankind Pharma MNKI.NS rise 5.1% to 2,325.20 rupees

** Drugmaker reports September-quarter consolidated net profit increases 38.9% Y/Y to 7.11 billion rupees ($74.68 million) from 5.12 billion rupees a year earlier

** Adds that its consolidated revenue from operations rose 17.3% Y/Y to 43.38 billion rupees in the quarter

** Stock rated "buy" on average by 19 analysts; median PT is 2,850 rupees - LSEG-compiled data

** Stock up 5.9% YTD





($1 = 95.2100 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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