India's P&G Hygiene climbs most in 2 months on Q1 profit rise

Procter & Gamble Hygiene and Health Care

31/10/2023 06:26

** Shares of Procter & Gamble Hygiene and Health Care
 PROC.NS  rise as much as 5.5% to 17,594 rupees, marking
sharpest intraday pct gain since Aug. 28
    ** PROC reports 36% rise in Q1 profit to 2.11 bln
rupees($25.34 mln), aided by reviving demand
    ** More than 14,000 shares change hands by 11:48 a.m. IST,
2x the 30-day avg 
    ** Stock gained 25.33% in September quarter vs a 1.13%
decline in Nifty FMCG index  .NIFTYFMCG 


($1 = 83.2650 Indian rupees)

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))