India's Mold-Tek Technologies jumps on June-qtr earnings boost

Mold-Tek Technologies

31/07/2023 09:05

** Shares of Mold-Tek Technologies  MOLD.NS  rise as much as
2.88% to 285.65 rupees after June-qtr net profit more than
doubles YoY
    ** Consolidated revenue from operations up 27% while EBITDA,
as calculated by Reuters, at 89.93 mln rupees vs 49.70 mln
rupees year-ago
    ** Strong June-qtr performance due to rise in revenue,
improving operational efficiency, cost controls - MOLD
    ** Trading volume is over 671,000 shares as of 1:28 p.m.
IST, 2.8x the 30-day avg - Refinitiv data
    ** MOLD up 94% in 2023 so far, including today's gains
compared to 8.85% rise for Nifty 50 index  .NSEI 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))