Business
India's PNB Gilts jumps after Q1 profit surge
India's PNB Gilts jumps after Q1 profit surge
About this update from Pnb Gilts Limited
** Shares of India's PNB Gilts NSE:PNBGILTS jump as much as 10.8%, set for biggest intraday percentage rise since October 2024** Stock last up 7% ** Indian non-bank lender's Q1 profit tripled y/y to 1.60 bln rupees ($18.5 million) as gains made from securities surged with little interest income growth ** Trading vols 8.5 million shares vs 30-day avg of 600k shares in busiest session since June 24 ** YTD stock down 2.6% ($1 = 86.4350 Indian rupees)