India's Premier Polyfilm up most in over 4 mnths on Q4 profit climb

Premier Polyfilm

23/05/2023 06:40

** Shares of Premier Polyfilm Ltd  PRPF.NS  up as much as
12.1% to 95 rupees, biggest intraday pct gain since Jan. 17
    ** Stock at highest level since Feb. 9
    ** PVC products maker reports multi-fold rise in
March-quarter net profit from continuing ops to 44.8 mln rupees
($547,811), while revenue from ops rise 6.6% YoY 
    ** Over 71,000 shares change hands by 11:00 a.m. IST, 8.8x
the 30-day moving avg
    ** As of last close, stock down ~13% so far this year,
reversing its ~5% gain in 2022
    
    ($1 = 81.7800 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))