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RPTECH — Rashi Peripherals News Story

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India's Rashi Peripherals hits record high after quarterly profit jump

BUZZ-India's Rashi Peripherals hits record high after quarterly profit jump

** Shares of India's Rashi Peripherals RASI.NS rise 6.6% to hit record high of 928.35 rupees

** Indian distribution partner for products made by companies including Dell DELL.N, HP HPQ.N, reported 68% y/y rise in first-quarter net profit; rev from ops up 62% y/y

** More than 1.3 mln shares traded by 10:29 am IST , 1.6x the 30-day avg

** Stock up 158.6% YTD


(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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