India's Mrs. Bectors surges to 52-wk high on Q3 earnings rise

Mrs. Bectors Food Specialities

07/02/2023 09:09

** Shares of Mrs. Bectors Food Specialities  MRSB.NS  rise
as much as 7.09% to 503.85 rupees, a 52-week high
    ** The rise comes after the biscuits maker reports 79% rise
in Q3 consolidated net profit to 277.75 mln rupees 
    ** Core profit rises to 512.44 mln rupees from 332.76 mln
rupees a year earlier, while core profit margins expands to
13.93% from 12.64% 
    ** Co also declares an interim dividend of 1.25 rupees per
share for FY2022-23
    ** Trading volume is 635,716 shares, as of 2:27 p.m. IST,
more than thrice the 30-day avg of 189,199 shares
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))