India's Updater Services rises on Q2 profit jump

Updater Services

30/10/2024 05:54

** Shares of Updater Services  UPDA.NS  rise 7.5% to 386.70
rupees, set for best day in over two months
    ** Business support services provider's Sept-qtr consol net
profit more than doubled to 281.2 mln rupees ($3.3 mln), rev
from ops rose 13%
    ** Busiest session in over a month; more than 1 mln shares
change hands, over three times the 30-day avg 
    ** Stock up ~15% so far this year
    
($1 = 84.0800 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))