India's Vadilal Industries hits record high on upbeat Q3 results

Vadilal Industries

08/02/2024 08:19

** Shares of India's Vadilal Industries  VDLI.NS  rise as
much as 20% to hit record high at 3,804.15 rupees
    ** Co logs sharpest intraday pct climb since April 2015;
last up 18% 
    ** Stock set for fifth straight weekly gain
    ** VDLI reports Q3 consol net profit vs loss yr ago; rev
rose 21.5% 
    ** Over 245,000 shares changed hands by 1:35 p.m. IST, more
than 7x 30-day avg
    ** Co logs busiest day since July 10, 2023 
    ** Stock has risen 48% so far this year after sliding 4% in
2023 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))