Indian footwear maker Mirza International surges on profit jump

Mirza International

14/02/2022 05:19

** Shares of leather footwear maker  MIRZ.NS  rise as much
as 18% to 156.45 rupees, highest since Jan. 21, in a weak
broader market  .NSEI   .BO 
    ** The owner of shoe brands such as Redtape on Friday
reported a 173% jump in third-quarter profit, on a near 55%
climb in revenue  urn:newsml:reuters.com:*:nFWN2UM0VU
    ** Stock marks sharpest intraday pct jump since Jan. 4 
    ** About 2.8 mln shares change hands by 0508 GMT vs the
30-day avg of 1.4 mln shares
    ** Stock up 5.3% YTD, up to last close

 (Reporting by Chris Thomas in Bengaluru)
 ((chris.thomas@thomsonreuters.com; +91-80-6749-8695; Reuters
Messaging: chris.thomas.thomsonreuters.com@reuters.net))