India's Styrenix hits record high on surge in Q1 profit

Styrenix Performance Materials

16/07/2024 05:48

** Shares of Styrenix Performance Materials  STYE.NS  rise
as much as 15.4% to record high of 2731.20 rupees
    ** The plastic resin producer posts ~89% jump in Q1 profit,
while rev from ops rose ~29%
    ** STYE on track for fourth straight session of gains
    ** Stock last up 12%, extending YTD gains to ~84%

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))