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MILKYMIST — Milky Mist Dairy Food News Story

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Consumer DefensivesHighly SpeculativeMid CapMomentum Trap

India's Milky Mist jumps after near 10-fold surge in quarterly profit

BUZZ-India's Milky Mist jumps after near 10-fold surge in quarterly profit 

** Shares of Milky Mist Dairy Food MILY.NS up 7.4% at 226.5 rupees

** Co's June-qtr consol profit jumps nearly ten-fold to 646.8 mln rupees ($6.8 mln) from 65.3 mln rupees

** Rev from ops rose 43.6%

** Stock set to snap three sessions of losses

** MILY up ~37% since its listing on Aug. 18


($1 = 95.0325 Indian rupees)


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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