Indian aromatics firm S H Kelkar jumps on half-year profit rise

S H Kelkar And

04/10/2024 07:51

** Shares of India's S H Kelkar and Co  SHKE.NS  climb 7.7%
to 309 rupees 
    ** Co's consol H1FY25 rev rose 17.4% y/y to 10 bln rupees 
($119.10 million)
    ** Fragrances and flavours maker forecast price increases in
upcoming qtrs on availability issues in some raw materials
    ** Trading vols 2 mln shares vs 30-day avg of 1.7 mln shares
    ** YTD stock has more than doubled 


($1 = 83.9625 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))