India's Sasken Technologies sees a 6-month high

Sasken Technologies

25/10/2022 07:38

** Shares of software services firm Sasken Technologies
 SKCT.NS  up as much as 6.1% at 970 rupees, its highest since
April 12
    ** Stock set to gain for the third consecutive session
    ** Co on Friday had reported a 3.67% drop in September
quarter consolidated PAT to 359.2 mln rupees from 372.9 mln
Indian rupees ($4.51 million) YOY 
    ** Consolidated revenue went up 10.1% YOY to 1.2 bln rupees
    ** Nearly 140,000 shares traded, 8.5x their 30-day moving
avg of more than 15,000 shares
    ** Up to last close, stock had fallen 30.6% YTD
($1 = 82.7550 Indian rupees)
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;Mobile: +91 6001289066))