India's Venus Pipes and Tubes hits record high on Q1 profit jump

Venus Pipes & Tubes

04/08/2023 06:04

** Shares of Venus Pipes and Tubes  VENS.NS  up as much as 6.06%
to a record high of 1320 rupees
    ** Stock hits sharpest intraday pct gain since July 25, on
track for second consecutive session of gains 
    ** Indian steel pipe maker said its profit for the
June-quarter jumped 91.1% to 174.06 million rupees
    ** About 140,369 shares change hands as of 10:29 a.m. IST,
1.8x 30-day average of 77,445 shares 
    ** Stock up 74.11% YTD as of last close 
    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))