India, Nov. 3 -- The East India-focused packaged staples company has posted a sharp profit rise in the September quarter even as sales softened. Management credits a healthier product mix, cheaper borrowing and timing of advertising spend, while a plant sale and a shareholder payout give investors plenty more to weigh up this year.

The Nifty 50 traded at 23,660, up 0.95%, while the Sensex rose by 1.06% to 76,505 on Tuesday. Following this the Shares ofGanesh Consumer Products Ltd are trading at Rs. 178.72, up 3.28 percent on Tuesday. The stock touched the intraday high of Rs. 181.98 after opening at Rs. 180.00 before slipping to a low of Rs. 175.10. The company commands a market capitalization of Rs. 722.26 crore.

Ganesh Consumer Earns...