India's Mishra Dhatu Nigam gains after Q3 earnings jump

Mishra Dhatu Nigam

04/02/2025 07:54

** Shares of Mishra Dhatu Nigam Ltd  MISR.NS  climb 2.2% to
305.75 rupees
    ** State-owned defence firm's Q2 profit doubles to 255.2
million rupees, helped by 13% drop in expenses
    ** MISR supplies steel to defence and aerospace clients
    ** Stock was flat ahead of results
    ** More than 1.3 mln shares traded in stock's busiest
session in 2 months
    ** MISR dropped 2.7% in January, same as India's top
state-owned stocks  .NIFTYPSE 
    

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))