India's Moschip Technologies slumps on weak qtrly results

Moschip Technologies

25/10/2022 09:39

** ** Shares of Moschip Technologies  MOSC.BO  fall as much
as 4.9% at 66.5 rupees, its sharpest pct loss in almost a week
    ** The semiconductor and system design company on Tuesday
posted a 22.6% fall Y/Y in its Sept.-qtr consolidated net profit
to 12.4 million rupees($149,830.84)
    ** Co's qtrly consolidated total expenses increased by 35.8%
Y/Y
    ** More than 85,000 shares traded by 0834 GMT, 0.6X their
30-day moving avg of more than 140,000 shares
    ** As of last close, stock had fallen 19.9% YTD
($1 = 82.7600 Indian rupees)
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;Mobile: +91 6001289066))