India's Tarsons Products down after Q2 profit fall

Tarsons Products

13/11/2023 09:17

** Shares of Tarsons Products  TARO.NS  down as much as 2.3%
to 485.05 rupees
    ** The labware products maker reported a 40.4% fall in
Sept-qtr profit; revenue from operations down 6.9% 
    ** Total expenses rose 11.7%, dragged by employee costs 
    ** Stock trading below its 50-day, 100-day and 200-day
moving average
    ** Stock currently down 2.2% further dragging YTD losses to
30% 

($1 = 83.3150 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))