India's Tata Metaliks up 3.4% on quarterly profit rise

Tata Metaliks

28/04/2023 09:34

** Shares of Tata Metaliks Ltd  TMET.NS  rise as much as
3.42% to 799.95 rupees
    ** The forged pig iron manufacturer's March qtr profit rose
~6% to 555.6 million rupees ($6.79 million), rev from ops up
over 14.6% Y/Y  
    ** TEMT declared final dividend of 5 rupees per share
    ** Stock on track for fifth straight session of gains
    ** Trading volume 5.5x the 30-day avg
    ** Stock down 1.3% YTD


($1 = 81.8150 Indian rupees)

 (Reporting by Nishit Navin in Bengaluru)
 ((Nishit.Navin@thomsonreuters.com ;))