India's Nitin Spinners rises after Q3 profit climb
** Shares of Nitin Spinners NISP.NS rise as much as 4.7%
to 363.95 rupees
** Textile manufacturer reported a 0.5% rise in Dec-qtr
profit from continuing operations
** NISP on track for third straight session of gains
** Stock clocked fourth straight qtr. of gains in the Dec.
qtr.
** NISP rose ~59% in 2023, reversing a 22% fall in 2022
(Reporting by Kashish Tandon in Bengaluru)
((kashish.tandon@thomsonreuters.com))
Recent news on Nitin Spinners
See all newsBrief: Nitin Spinners March-Quarter Profit From Continuing Operations 573.6 Million Rupees
Brief: Nitin Spinners Ltd Approves Power Supply And Share Purchase Agreement With CGE II Hybrid Energy
Brief: Nitin Spinners Posts Sept-Quarter Profit From Cont Ops 347.9 Million Rupees
India's textile stocks rise on higher US tariffs on Asian peers
Brief: Nitin Spinners Dec-Quarter Profit From Continuing Operations 447.8 Million Rupees