India's Valiant Organics rises as co swings to quarterly profit

Valiant Organics

14/02/2025 09:19

** Shares of Valiant Organics  VALN.NS  rise 7.1% to 287.60
rupees, set to snap a four-session losing streak
    ** The specialty chemicals co posted consol net profit of
54.6 mln rupees ($628,800.44) in Q3 vs a loss of 78.9 mln rupees
a year earlier 
    ** Co's revenue rose 32.2% y/y to 1.87 bln rupees
    ** Trading vols at 392,781 shares, 10.7x the 30-day average
    ** VALN stock lost 39.2% in 2024
    

    ($1 = 86.8320 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))