India's Premier Polyfilm hits over one-month high on strong Q1 revenue

Premier Polyfilm

14/07/2022 07:13

**  Shares of PVC films and sheets manufacturer Premier
Polyfilm Ltd  PRPF.NS  rise as much as 14.9% to 107.05 rupees,
their highest level since June 2
    ** Co on Wednesday reported 83% jump in June-qtr revenue to
717.2 mln rupees ($8.98 mln), while profit stood mostly flat due
to higher expenses  urn:newsml:reuters.com:*:nFWN2YT3TX
    ** The co named Amitaabh Goenka as its managing director and
chief executive officer, while Paribesh Mishra was named as the
new chief financial officer  urn:newsml:reuters.com:*:nFWN2YU28P
    ** More than 234,556 shares change hands, about 9.6x 30-day
avg of 24,331 shares
    ** Premier Polyfilm stock up 12.41% YTD
   
    ($1 = 79.8250 Indian rupees)

 (Reporting by Atreya Raghavan in Bengaluru)
 ((Atreya.Raghavan@thomsonreuters.com; Mobile: +91 8527959656))