India's Orient Cement jumps on strong Sept-qtr profit

Orient Cement

26/10/2021 06:45

** Cement-maker's shares  ORCE.NS  rise as much as 8.2%,
their biggest percentage gain since May 2021 
    ** Co reports rise in Sept-qtr net profit to 568.8 mln
rupees ($7.59 million), compared with 348.2 mln rupees last year
    ** Co's quarterly revenue from ops rose to 6.13 bln rupees
from 4.77 bln rupees year ago  urn:newsml:reuters.com:*:nFWN2RL11D
    ** About 683,983 shares traded by 0535 GMT vs 30-day avg of
730,277 
    ** Shares have gained 69% this year as of last close


($1 = 74.9493 Indian rupees)
    

 (Reporting by Vishwadha Chander in Bengaluru)
 ((Vishwadha.Chander@thomsonreuters.com))