India's Tasty Bite Eatables hits 3-month low after Q2 profit fall

Tasty Bite Eatables

18/11/2024 06:29

** Shares of prepared foods maker Tasty Bite Eatables
 TABE.NS  fall as much as 11.1% to 10,833.55 rupees, lowest
level since Aug. 16
    ** TABE reported 11.3% Y/Y fall in Q2 PAT on Thursday, just
before market closed
    ** Total income rose 8.9%, total expenses led by cost of
materials consumed jumped 11%    
    ** More than 7,500 shares change hands, 1.8x of 30-day avg
    ** Stock last down 7.1%, taking YTD loss to 15.2%




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