Snowman Logistics gained as much as 7.3 per cent to set a near two-week high on strong earnings.

However, by 10.30 am it had come off its highs to hold gains of 4.44 per cent at Rs 87 on the BSE.

The company's January-March net profit jumped 144 per cent.

The earnings were better than expected and the outlook for cold storage chains looks better, analysts said.

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