India's Aegis Logistics extends gains on quarterly profit rise

** Shares of Aegis Logistics AAEGISCHEM rise as much as 8.7% before trimming some gains, last up 3.36% up 650.6 rupees

** The oil, gas and chemical logistics co's March-qtr consol net profit surged 39% y/y as total expenses fell ~21%

** Stock was up 2.9% ahead of results

** Analysts' avg rating on stock is "buy", median PT is 450 rupees - a ~29% discount on last close - per LSEG data

** Including session's gains, stock up ~84% YTD