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India's Mayur Uniquoters jumps on Q4 profit rise

India's Mayur Uniquoters jumps on Q4 profit rise

Mayur Uniquoters LimitedMay 9, 20253
India's Mayur Uniquoters jumps on Q4 profit rise

About this update from Mayur Uniquoters Limited

** Shares of Mayur Uniquoters NSE:MAYURUNIQ rise as much as 19.6% to 555 rupees, highest since February 5** Artificial leather maker on Thursday reported ~29% Y/Y rise in Q4 consol net profit while rev from ops rose 13.4% Y/Y ** Stock is witnessing its most active trading session since July 2020 with more than 1.7 mln shares changing hands, 20.8x of 30-day avg** Stock up 17.4% so far this week, on track for best week since December 2021** YTD, stock is down 12.8%

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