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VPRPL — Vishnu Prakash R Punglia News Story

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IndustrialsSpeculativeMicro CapValue Trap

India's Vishnu Prakash R Punglia jumps on Q4 profit rise

** Shares of Vishnu Prakash R Punglia  VISH.NS  up as much
as 8.7% to 189.80 rupees; last up 5.4% 
    ** Engineering and construction co reported a 68.2% Y/Y rise
in its March-qtr profit to 671.3 mln rupees  ($8.1 mln)
    ** Revenue from operations rose 44.2% Y/Y 
    ** VISH on track for a sixth straight session of gains, if
current trends hold
    ** More than 3.6 mln shares traded by 10:02 a.m. IST, 6.6x
the 30-day avg
    ** Including session's move, stock is down 14.7% YTD
    


($1 = 83.1410 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))

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