India's Tega Industries hits record high after Q4 profit climb
** Shares of Tega Industries Ltd TEGA.NS up as much as 10%
at a record high of 899.45 rupees
** Stock posted biggest intra day pct jump since Dec. 5
** The maker of consumable products for mining reported an
~58% YoY jump in March qtr profit while revenue from ops rose
~37%
** TEGA on track to rise for third straight session, if
gains hold
** Over 190,000 shares change hands by 09:30 a.m. IST, 2.0x
the 30-day moving avg
** As of last close, stock up ~41%, YTD
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))
Recent news on Tega Industries
See all newsBrief: Tega Industries Says Unit Receives Favourable Calcutta High Court Order On AY 2017-18 Tax Demand Of 137.9 Million Rupees
Brief: Tega Industries Says Canadian Tribunal Issues Finding In Favour Of Unit Moly-Cop Canada
Indian shares rise after recent slide; oil, IPO rush cap gains
India's Tega Industries gains on 1.26 billion-rupee win
Brief: Tega Industries To Consider Raising Funds Via Equity Shares On Preferential Basis