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BASF India soars on June-quarter profit surge



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** Shares of chemicals maker BASF India BASF.NS up 16.7% to 6,740.65 rupees

** Stock set for best day since early August 2021

** June-quarter profit rose 95.6% YoY to 2.21 bln rupees ($26.3 mln)

** BASF's German parent reported a marginal 0.6% rise in Q2 adjusted earnings last month

** Trade vol at more than 345,000 shares, highest since mid-May

** Rival Deepak Fertilisers and Petrochemicals' DPFE.NS profit also surged, SRF's SRFL.NS profit dropped

** BASF up 2.2X YTD, DPFE and SRF up ~46% and ~4% respectively


($1 = 83.9444 Indian rupees)



Reporting by Varun Vyas in Bengaluru

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