off-the-wire

BUZZ-India's AGI Greenpac soars as Q3 profit climbs

Kitco Media
By Reuters
Published:
Updated:
Reuters

** Shares of product packaging co AGI Greenpac soar 10.57% - highest in over three weeks


** AGIG sees best day since Dec 26, 2022
** Co's profit from cont ops in Q3 rose to 532.3 mln rupees
($6.52 million) from 294.4 mln rupees a year ago


** Rev from ops up 43.18% to 5.67 bln rupees


** Co stocks trading above their 50-day and 100-day moving averages for the first time since Jan. 6
** More than 323,478 shares traded, ~3x their 30-day moving average 113,084 shares
** Stock jumped ~55% in 2022 in its third annual gain session ($1 = 81.6550 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.