India's Shriram Properties jumps on quarterly profit rise

Shriram Properties

27/05/2025 10:02

** Shares of Shriram Properties SRIP.NS gain 17% to 99.08 rupees, its highest levels since January

** Stock set for best day in nine months

** Co's Q4 consol net profit more than doubles to 477.8 million rupees; rev grew ~35%

** Stock on track for busiest trading session since late-August, volumes at 13.8x the 30-day avg

** Stock trims YTD loss to 8%

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))