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SAFARI Safari Industries (INDIA) News Story

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Consumer CyclicalsAdventurousMid CapFalling Star

India's Safari Industries gains on jump in quarterly profit

** Shares of Safari Industries (India) SAFA.NS rise 5.7% to 2,165.10 rupees, set to snap three-session losing streak

** Trolley bags, suitcases and backpacks maker's Q2 consol profit rises 58.3% Y/Y to 469.4 million rupees ($5.3 million)

** Q2 consol revenue up 16.5% Y/Y to 5.34 bln rupees

** Trading vols at 337,265 shares so far, over 19x the 30-day average

** SAFA down ~17% YTD

($1 = 87.8950 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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