India's Century Enka rises on Q2 profit surge

Century Enka

07/11/2024 09:03

** Shares of Century Enka  CNTE.NS  rise 11% to 700 rupees
    ** Synthetic yarn maker's Sept-qtr consol profit after tax
rose nearly five times to 214 million rupees ($2.5 million)
while rev from ops jumped 35%
    ** CNTE on track for third straight session of gains
    ** Busiest session since late Aug; more than 600,000 shares
change hands, over 13 times the 30-day avg 
    ** Stock up ~59% so far this year, set for best year since
2021


($1 = 84.3525 Indian rupees)

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