November 13, 2018 / 6:00 AM / a month ago

BUZZ-India's MMTC shares surge on robust qtrly results

** Shares of India’s state-run trading company MMTC Ltd rise as much as 7.7 pct to 32.30 rupees to their highest since Oct 16

** Co posts nearly three-fold surge in Sept-qtr profit to 316.8 mln rupees ($4.36 mln) on Monday

** More than 2.3 mln shares traded, 1.5 times their 30-day moving avg of 1.5 mln shares

** Shares hit biggest intraday gain since Oct 11

** Stock down 38.6 pct this year as of last close ($1 = 72.5800 Indian rupees)

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