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FACT Net Profit Rises 88% YoY as Shares Jump 3%

Fertilisers and Chemicals Travancore reported an 88% year-on-year increase in net profit for the September quarter. Its shares rose as much as 3% before paring some gains.

FACT

Shares of Fertilisers and Chemicals Travancore Ltd (FACT) rose up to 3 per cent on Friday after the company reported an 88 per cent year-on-year (YoY) rise in net profit for the September quarter.However, the stock pared some of its gains amid profit booking at higher levels. It was trading at Rs 8…

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