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BUZZ-India's Supreme Petrochem hits life high on profit jump, div
April 27, 2017 / 4:38 AM / in 7 months

BUZZ-India's Supreme Petrochem hits life high on profit jump, div

** Shares of Supreme Petrochem Ltd jump as much as 9.1 pct to a record high

** March-qtr profit rises nearly 29 pct to 698.9 mln rupees ($10.9 mln)

** Co recommends final dividend of 3.50 rupees per share

** More than 340,000 shares traded, 3.4 times their 30-day moving avg

** Stock had more than doubled in value this year up to Wednesday’s close ($1 = 64.0850 Indian rupees)

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