India's Ram Ratna Wires down after Q3 profit falls

Ram Ratna Wires

05/02/2024 05:57

** Shares of Ram Ratna Wires  RAMR.NS  fall as much as 4.9%
to 300.5 rupees
    ** Stock posts biggest intraday pct loss since Dec. 20
    ** The winding wires manufacturer reported a near 7% fall in
consolidated net profit for the Dec-qtr; rev from ops rose 14% 
    ** More than 96,000 shares change hands by 11:13 a.m. IST,
1.3x the 30-day avg
    ** Stock's YTD gains are 2.8% after 79.3% rise in 2023

 (Reporting by Navamya Ganesh in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))