India's RBZ Jewellers hits upper circuit on quarterly profit rise

Rbz Jewellers

16/08/2024 08:53

** Shares of RBZ Jewellers  RBZJ.NS  rise as much as 5% to 153.34 rupees,
hit upper circuit
    ** RBZJ hits highest level since April 22, extends gains for fourth straight
session 
    ** Co on Wednesday reported an over two-fold net profit rise to 90.8 million
rupees ($1.08 million) in the June-quarter  
    ** Stock has seen heaviest trading this week since May 13-17
    ** Day's gains has pushed stock up 32.5% YTD


($1 = 83.9310 Indian rupees)

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com;))