India's Paradeep Phosphates rises on higher quarterly profit
** Shares of India's Paradeep Phosphates PRAO.NS rise 3.02% to 168.74 rupees ** Phosphate fertiliser maker reports a 34.1% higher consol net profit of 3.42 billion rupees ($38.91 million); rev from ops increases nearly 49% to 68.72 billion rupees ** More than 6.47 million shares change hands vs 30-day avg of 9.36 million shares ** YTD, stock up ~53% ($1 = 87.8950 Indian rupees) (Reporting by Mridula Kumar) ((Mridula.kumar@thomsonreuters.com))
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Brief: Paradeep Phosphates Commissions 300 tpd Sulphuric Acid Plant At Mangalore