India's RPSG Ventures jumps 20% on quarterly profit spike

RPSG Ventures

11/08/2023 05:11

** Shares of information technology and allied services
company RPSG Ventures Ltd  RPSG.NS  up as much as 20% to 672.1
rupees, highest since April 6, 2022
    ** Stock hits sharpest intraday pct gain since Sept. 15,
2021
    ** Co reports Q1 consolidated net profit spiked sharply to
1.53 billion rupees ($18.49 million) from 1.5 million rupees a
year ago
    ** About 722,960 shares change hands as of 9:29 a.m. IST,
8.1x 30-day average of 89,166 shares 
    ** Stock up 24.29% so far this year,  as of last close 

($1 = 82.7450 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))