India's Heubach Colorants hits upper circuit on Q1 profit jump

Sudarshan Colorants India

25/07/2023 10:54

** Shares of pigments and dye co Heubach Colorants India
 HEUB.NS  rise as much as 20% to hit upper circuit at 401.75
rupees
    ** Stock on track for a third consecutive session of gain,
if trends hold
    ** Co reports 46.3% rise in June qtr profit
    ** Total expenses fall 9.5%; however, revenue from
operations also down 4.9%     
    ** Stock witnessing its most active trading session since
Feb. 12, 2021
    ** More than 842,000 shares change hands by 3:12 p.m. IST,
11.3x 30-day avg 
    ** Including session's gain, stock up 11.1% this year 


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))