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ROSSARI — Rossari Biotech News Story

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India's Rossari Biotech gains on Q2 profit rise

** Rossari Biotech ROSB.NS rises as much as 4.5% to 690.3 rupees, highest since August 6

** Specialty chemicals maker posts 4.4% y/y rise in consolidated net profit in September quarter; rev from ops jumps 18%

** Company's board approves additional investment of $8 million in one or several tranches in its Saudi Arabia unit to enhance manufacturing, sales of chemicals

** ROSB last up 2.1%, taking YTD losses to 15%

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

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