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TATACAP — Tata Capital News Story

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India's Tata Capital rises on higher quarterly profit

BUZZ-India's Tata Capital rises on higher quarterly profit 

** Shares of India's Tata Capital TATC.NS rise 5.7% to 375.15 rupees

** Stock post their biggest intraday percentage gain since June 19

** The non-banking financial company reports June-quarter consol net profit increase of 56.3% Y/Y to 15.47 billion rupees

** Consol interest income rises 14.6% Y/Y in the quarter

** Stock rated "buy" on average by 11 analysts; median PT is 400 rupees - LSEG-compiled data

** Tata Capital stock up 9.7%, YTD




(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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