ROSSARI

Feb 20 (Reuters) - Rossari Biotech Ltd ROSB.NS:

• APPELLATE BODY ALLOWS UNIT'S APPEAL, SETS ASIDE TAX ORDER

Source text: ID:nBSE3z6hxt

Further company coverage: ROSB.NS

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** Rossari Biotech ROSB.NS falls as much as 5.8% to 755.7 rupees; last down 4.1%

** Specialty chemicals maker's Q3 consol net profit drops 7.8% y/y

** Stock moved below its 100-day and 200-day simple moving avgs after result

** More than 82,000 shares traded, 1.4x its 30-day avg

** Stock rated "strong buy" on avg; median PT is 1,004 rupees, ~30.4% higher than current price - LSEG

** ROSB fell 2.8% in 2024

(Reporting by Anuran Sadhu in Bengaluru)

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Jan 21 (Reuters) - Rossari Biotech Ltd ROSB.NS:

• ROSSARI BIOTECH LTD DEC-QUARTER CONSOL NET PROFIT 317 MILLION RUPEES

• ROSSARI BIOTECH LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.13 BILLION RUPEES

Source text: ID:nNSE2yvZDG

Further company coverage: ROSB.NS

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Dec 11 (Reuters) - Rossari Biotech Ltd ROSB.NS:

• ROSSARI BIOTECH - UNIT COMPLETED ACQUISITION OF 100% STAKE IN UNISTAR THAI CO

Source text: ID:nBSE1HFKv7

Further company coverage: ROSB.NS

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April 29 (Reuters) - Rossari Biotech Ltd ROSB.NS:

• RE-APPOINTMENT OF SUNIL CHARI AS MD

• ROSSARI BIOTECH MARCH-QUARTER CONSOL NET PROFIT 341.3 MILLION RUPEES VERSUS PROFIT 289.8 MILLION RUPEES

• ROSSARI BIOTECH MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.73 BILLION RUPEES VERSUS 4.06 BILLION RUPEES

Further company coverage: ROSB.NS

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** Shares of specialty chemicals co Rossari Biotech Ltd ROSB.NS rise as much as 7.78% to 819.90 rupees, hitting highest level since Dec. 5, 2022

** Stock on track for a third consecutive session of gain if trends hold

** Share price above 50-day, 100-day and 200-day simple moving averages, suggesting bullish trend

** ROSB's relative strength index above 70, indicating it is overbought

** More than 923,000 shares change hands by 9:57 a.m. IST, 7.2x 30-day avg of 127,650 shares

** Three analysts covering the stock have a "buy", "strong buy" and "hold" rating; median PT is 780 rupees - Refinitiv data

** Stock up 4.6% YTD, as of last close

(Reporting by Ashish Chandra in Bengaluru)

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** Shares of Rossari Biotech Ltd ROSB.NS rise as much as 7.14% to 735.85 rupees, their highest in three weeks

** Rise comes after specialty chemicals maker reports 20.3% YoY growth in consolidated profit to 289.79 mln rupees in March quarter

** Core profit rises over 4% YoY to 545.81 mln rupees

** Trading volume is 274,689 shares as of 10:07 a.m. IST, 0.8x the 30-day avg - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

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