India's Nahar Spinning Mills gains after posting Q1 profit

Nahar Spinning Mills

13/08/2024 05:18

** Shares of Nahar Spinning Mills  NHRS.NS  up 8.42% to
350.8 rupees, its sharpest gain in a week
    ** Cotton yarns maker posted Q1 profit of 66.4 mln rupees
($790,871.63) vs yr ago loss of 175 mln rupees
    ** Shares see second-busiest month in 6 months, with about 2
mln shares traded
    ** Stock on track to snap four sessions of losses, if trend
holds
    ** Stock up 22% YTD


($1 = 83.9580 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))