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SHANTIGOLD Shanti Gold International News Story

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Consumer CyclicalsSpeculativeSmall CapTurnaround

India's Shanti Gold International rises on Q1 profit growth

Aug 21 - ** Newly-listed jewellery manufacturer Shanti Gold International SNTG.NS rises 4% to 257 rupees

** Co's Q1 profit nearly triples to 246.4 mln rupees ($2.8 mln) from 89.9 mln rupees a year ago

** Revenue rises 22.1% y/y, driven by higher gold prices, stable demand for jewellery

** SNTG gains ~13% since debut on August 1

($1 = 86.9690 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))

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