India's Star Cement hits record high on upbeat Q3 results

Star Cement

08/02/2024 10:11

** Shares of Star Cement  STAT.NS  closed 4.4% higher at
196.10 rupees
    ** Stock rose as much as 5.4% to a record high earlier
    ** Co posted 86% jump in Q3 net profit, rev rose more than
6% 
    ** About 2.3 mln shares traded, ~4x the 30-day avg
    ** Stock has risen ~11% so far this year; it surged 57% last
year

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))