India's Emkay Global hits near 1.5-yr high on doubled Q2 profit

Emkay Global Financial Services

31/10/2023 07:46

** Shares of Emkay Global Financial Services  EMKS.NS  up as
much as 20% to 107.85 rupees, their highest since May 24, 2022
    ** Financial services firm posted two-fold Y/Y rise in
Sept-qtr profit on strong demand; revenue from operations up
~25% Y/Y
    ** Over 1.8 mln shares change hands as of 01:07 p.m. IST,
21.3X the 30-day moving average, their most active session since
July 2021
    ** Stock last up 12.5%, extending YTD gains to ~30%
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))