PTC India gains on strong third-quarter profit
** Shares of PTC India PTCI.NS rise 5.2% to 139.41 rupees
** Stock on track to snap three-session losing streak
** Power trading firm's third-quarter consol net profit
jumps 63% Y/Y to 1.53 billion rupees ($17.6 million)
** Strong energy demand led to healthy growth in trading
volumes which rose 29% Y/Y - co says
** Stock declined 24% in 2024
($1 = 86.8560 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))
Recent news on PTC India
See all newsNLC India gains after unit forms joint venture with PTC India
Brief: Ptc India Says Co And Nlc India Renewables Incorporate Joint Venture Nirl Ptc Renewables
Brief: PTC India June-Quarter Consol Net Profit 979.9 Million Rupees
Brief: Ntpc Green Energy Ltd Says Unit Signs 1,200 MW Solar Power Purchase Agreement With PTC India
PTC India falls after quarterly profit slump