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Manali Petrochemical record rise in Q4 results

Manali Petrochemical has witnessed a bumper hike of 20% in share market as its quarter 4 results were announced with record margin of profit. The petrochemicals company posted four-fold jump in its standalone net profit at Rs 266 million in Q4FY18, on back of strong operational performance. The company had profit of Rs 67 million in the corresponding quarter of previous fiscal.