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NACLIND — NACL Industries News Story

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India's NACL Industries jumps on Q1 profit rise, stake sale announcement

BUZZ-India's NACL Industries jumps on Q1 profit rise, stake sale announcement

** Shares of India's NACL Industries NACL.NS rise as much as 11.43% to 235.71 rupees; last up 3.3%

** Agrochemical co posts 60% rise in Q1 net profit after tax; rev from ops fell 14.5%

** Says it will sell stake in associate company, Nasense Labs, for 81.5 mln rupees ($844,318.98)

** More than 4 mln shares traded, 1.5x the 30-day avg

** Stock up 33.4% YTD


($1 = 96.5275 Indian rupees)


(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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