India's Mold-Tek Technologies jumps on Dec-quarter profit surge

Mold-Tek Technologies

30/01/2023 09:28

** Shares of engineering services provider Mold-Tek
Technologies Ltd  MOLD.NS  rise as much as 16.38% to 180.8
rupees, their biggest intraday pct gain since Jan 19 
    ** Co on Monday posted its Dec-qtr profit at 92.1 mln rupees
($1.13 mln), a rise of over five times from a yr ago
    ** MOLD's rev from ops stood at 407.1 mln rupees, a 71.4%
rise from a yr-ago numbers 
    ** Stock on track to snap five straight sessions of losses
    ** Around 944,000 shares change hands vs 30-day avg of
~651,700 shares
    ** Stock up ~66% in 2022
    ($1 = 81.5850 Indian rupees)
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))