India's Nitin Spinners hits record high on Q1 profit climb

Nitin Spinners

22/07/2024 10:53

** Shares of Nitin Spinners  NISP.NS  rise as much as 14.4%
to hit record high at 442.85 rupees
    ** Textile manufacturer reports 45.7% Y/Y rise in Q1 profit
from continuing operations while rev from ops rose 30.1% Y/Y
    ** Stock is witnessing its most active trading session since
Nov. 22, 2023
    ** More than 2.9 mln shares change hands, 13.3x of 30-day
avg
    ** Stock last up 9.8%, bumping YTD gains to 31.5%



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))