India's Shadowfax Technologies hits record high after Q1 results
BUZZ-India's Shadowfax Technologies hits record high after Q1 results ** Shares of Shadowfax Technologies SADO.NS rise up to 12% to a record high of 246.8 rupees since listing in January
** Logistics services provider's Q1 rev up ~65% y/y to record 13.58 billion rupees
** Q1 consol PAT jumps more than 8x to 650 million rupees y/y
** "Q1 has been our best quarter yet - the most profitable in our history, with sequential growth sharper than in Q4 and growth momentum still building," said CEO Abhishek Bansal
** More than 31 million shares traded, about 4x their 30-day avg
** YTD, SADO up ~125% since listing
(Reporting by Urvi Dugar in Bengaluru)
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