India's SecUR Credentials scales over 4-1/2-yr peak on qtrly profit surge

SecUR Credentials

15/11/2022 06:56

** Shares of SecUR Credentials Ltd  SECC.NS  rise as much as
7.8% to 95.90 rupees, highest level since Feb. 28, 2018
    ** Employee background check firm on Tuesday reported a
nearly 4.5x jump in Sept-qtr profit on lower expenses
    ** SECC also approved an issue of bonus shares in 3:1 ratio
    ** Nearly 187,000 shares change hands by 0636 GMT, 3x 30-day
avg of ~63,000 shares
    ** Stock up 3x so far this year up to last close
($1 = 81.4150 Indian rupees)
 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))