India's Omax Autos hits upper circuit on Q1 profit surge
14/08/2019 07:19
** Shares of Omax Autos Ltd OMXA.NS hit upper trading
circuit after rising as much as 20% to 48 rupees, their biggest
intraday pct gain since July 10, 2018
** The auto component maker posted June-qtr profit of 289.9
mln rupees ($4.08 mln), almost 56 times the profit of 5.2 mln
rupees reported last year urn:newsml:reuters.com:*:nFWN2590YX
** Co reported gain of 255.4 mln rupees during the quarter
** Up to last close, stock down 56.4% this year
($1 = 71.0400 Indian rupees)
(Reporting by Harish Bhaskar in Bengaluru)
((Harish.Bhaskar@thomsonreuters.com; +91 9886782831; Reuters
Messaging: harish.bhaskar.thomsonreuters.com@reuters.net))
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