India's MPS Ltd climbs most in over 4-months on quarterly profit rise

MPS

16/05/2023 07:12

** Shares of publishing solutions provider MPS Ltd  MPSL.NS 
up as much as 9.43% at 986.95 rupees, their highest since April
10
    ** Co logs sharpest intraday pct gain since Jan. 9; on track
for fourth consecutive session of gains, if trends hold
    ** MPSL said its consolidated profit for the quarter ended
March 31, increased ~46% y/y to 321.3 million rupees ($3.93
million)
    ** Consolidated revenue from operations increased ~17% 
    ** About 101,766 shares change hands as of 11:29 a.m. IST,
vs 2.6x 30-day average of 38,745 shares 
    ** Stock up 9.12% YTD, as of last close

($1 = 81.7800 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))