India's MPS hits over a year high after quarterly profit rise
22/07/2026 06:03
BUZZ-India's MPS hits over a year high after quarterly profit rise ** Shares of MPS Ltd MPSL.NS rise 17.8% to 2,517.40 rupees, highest level since July 18, 2025
** Stock logs biggest intraday pct jump in over a year
** Quarterly profit rises to 503.9 million rupees ($5.23 million) vs 352.4 million rupees in the year-ago period
** Q1 revenue from operations up 20.4% to 2.24 billion rupees
** RSI at 84.1, stock remains in "overbought" category, according to LSEG estimates
** YTD, stock up 23.57%
($1 = 96.3825 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))