India's Radhika Jeweltech hits record high on strong profit, revenue growth

Radhika Jeweltech

12/02/2024 09:32

** Shares of Radhika Jeweltech  RDHI.NS  rise as much as
15.6% to hit a record high of 70.85 rupees
    ** Jewellery retailer reports 44.3% Y/Y rise in Q3 net
profit, rev from ops up 85%
    ** Trading vol 1.4x the 30-day daily avg
    ** Stock rose 20.2% in the December quarter after a 4.9%
fall in the September quarter
    ** Peers Goldiam International  GOLI.NS  and Thangamayil
Jewellery  THNG.NS  rose 34.7% and 20.5%, respectively, in the
December quarter



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))