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TBOTEK Tbo Tek News Story

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in flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapNeutral

India's TBO Tek jumps on quarterly profit rise

** TBO Tek TBOT.NS jumps 10.5% to 1,654 rupees, highest since September 19

** Stock marks biggest intraday pct gain since September 3

** Travel distribution platform posts 12.4% y/y rise in September-quarter consol net profit; rev from ops up 25.9% y/y

** Trading volume at ~18x the 30-day avg in stock's busiest session since September 8

** Stock rated "strong buy" on average; median PT is 1,850 rupees, per data compiled by LSEG

** YTD, TBOT down 4.6%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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