India's Ador Welding closes higher after quarterly profit
21/07/2026 11:27
BUZZ-India's Ador Welding closes higher after quarterly profit ** Shares of industrial machinery and equipment company Ador Welding ADOR.NS reverse intraday losses; closes 7.88% at 1,570 rupees--biggest ever percentage jump since April 15, 2026
** Stock price closed at a over a two-year high
** Co reports quarterly profit of 276 million rupees ($2.87 million) vs a loss of 3.95 million in a year ago
** Q1 revenue up 22.6% to 3.09 billion
** YTD, stock up 44.86%
($1 = 96.2325 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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India's Ador Welding closes higher after quarterly profit
Brief: Ador Welding June-Quarter Consol Net Profit 276 Million Rupees
Brief: Ador Welding March-Quarter Consol Net Profit 342 Million Rupees