India's Sapphire Foods rises after reporting quarterly profit
BUZZ-India's Sapphire Foods rises after reporting quarterly profit ** Shares of Sapphire Foods India SAPI.NS rise as much as 3% to 185.36 rupees; last up 0.3%
** Co reported Q1 net profit of 140.4 million rupees ($1.46 million) vs 17.98 million rupees loss last year
** Stock was trading down 3.7% prior to results
** SAPI on avg rated "buy" by 22 analysts; median PT is 260 rupees - LSEG data
** Stock down 30% YTD
($1 = 96.4675 Indian rupees)
(Reporting by Abhirami G in Bengaluru)
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