India's Paradeep Phosphates gains on higher quarterly profit
BUZZ-India's Paradeep Phosphates gains on higher quarterly profit ** Shares of India's Paradeep Phosphates PRAO.NS rise 11.7% to 155.55 rupees, their highest level since January 8, 2026
** Stock set for their biggest intraday percentage gain since September 24, 2025
** Phosphate fertiliser maker reports June-quarter consol net profit increases 24% Y/Y to 3.93 billion rupees
** Consol revenue from operations rises 36% Y/Y in the quarter
** More than 31.5 million shares change hands, about 7x the 30-day average volume - LSEG compiled data
** Stock down 5.6% YTD
(Reporting by Payel Das in Bengaluru)
Recent news on Paradeep Phosphates
See all newsIndia Stocks: Indian shares inch higher on IT rally, earnings-led rebound; oil caps gains
India's Paradeep Phosphates gains on $500 million investment in Odisha
India's Paradeep Phosphates gains on higher quarterly profit
India's fertiliser stocks jump on hopes of Iran war de-escalation
Brief: Paradeep Phosphates Commissions 300 tpd Sulphuric Acid Plant At Mangalore