India's Ugro Capital rises on Q2 profit surge

Ugro Capital

27/10/2023 05:54

** Shares of Ugro Capital  UGRO.NS  rise 6.5% to 313 rupees,
their highest level since Sept. 12
    ** Non-bank lender's Sept-qtr profit jumps over five-fold
YoY helped by strong loan growth; total income up 63.4%
    ** Over 449,000 shares change hands as of 10:19 a.m. IST,
1.8x the 30-day moving average
    ** Stock last up 2.8%, extending YTD gains to 99.8%

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))