India's Styrenix Performance at over 1.5-yr high on 2-fold jump in profit

Styrenix Performance Materials

20/10/2023 10:47

** Shares of Styrenix Performance Materials  STYE.NS  rise
as much as 9.61% to 1,398.95 rupees, their highest level since
Jan. 17, 2022
    ** Plastic resin producer posts 139% jump in profit, revenue
rose by 8%
    ** Stock on course for a second straight winning day, if
gains hold
    ** More than 584,000 shares traded by 3.00 p.m. IST, 13.5x
its 30-day avg
    ** Stock up ~75% YTD

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))