India's MMP Industries hits record high after Q1 profit rise

Mmp Industries

22/07/2024 10:10

** Shares of MMP Industries  MMPI.NS  rise as much as 11.8%
to hit record high at 332.90 rupees
    ** MMPI, which sells aluminium based products says its Q1
consolidated PAT grew 41.2% Y/Y while rev from ops rose 2.7% Y/Y
    ** Stock is witnessing its most active trading session since
Feb. 1 with more than 471,000 shares change hands, 7x of 30-day
avg
    ** Stock last up 6.5%, bumping YTD gains to 52.5%




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))