RHI Magnesita India shares jump 9% after solid Q1 results

RHI Magnesita India Ltd’s share price increased by more than 9% in early sessions on Friday, following the release of Q1 results after market hours on Thursday. RHI Magnesita India’s Ebitda margins rise to new highs following the completion of acquisitions.

The share price of RHI Magnesita India opened at ₹625.00, up more than 5% from the previous closing of ₹591.95. On Friday, the share price of Midcap RHI Magnesita India increased by more than 9% to ₹647.50 on the NSE.

As of 10:15 am, RHI Magnesita India shares were trading 7.93% higher at Rs 638.90 on the NSE.

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