India's Tata Metaliks hits near-2-yr high on Q2 profit jump

Tata Metaliks

17/10/2023 09:21

** Shares of Tata Metaliks  TMET.NS  up as much as 5.86% to
1006.65 rupees, their highest since Oct. 28, 2021
    ** Stock hits sharpest intraday pct gain since Dec. 27, 2022
    ** The forged pig iron manufacturer said its Sept quarter
profit grew more than three-fold to 441.6 million rupees ($5.31
million) 
    ** About 449,667 shares change hands as of 1:42 p.m. IST,
4.6x 30-day average 
    ** Stock last up 1.5%, extending YTD gains to 18.9% as of
last close 

($1 = 83.2214 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))