Plastiblends India hits 6-month high on quarterly profit jump

Plastiblends India

15/07/2024 05:39

** Shares of Plastiblends India  PLST.NS  rise 3% to 325.15
rupees, hitting their highest since Jan 2024
    ** The thermoplastic compounds maker posts ~42% rise in
June-qtr net profit while rev from ops rises 8%
    ** PLST on track for fourth straight session of gains
    ** Stock up ~11% YTD, had gained ~65% in 2023 for best
yearly gains since 2015

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))