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AEROFLEX — Aeroflex Industries News Story

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India's Aeroflex Industries gains on strong Q2 profit

BUZZ-India's Aeroflex Industries gains on strong Q2 profit

** Shares of India's Aeroflex Industries AERO.NS rise 12.9% to 556.15 rupees

** Stock on course for highest intraday percentage gain since May 7

** Stainless steel manufacturer's September-quarter consolidated net profit after tax rose 16% to 365.6 million rupees ($3.84 million)
** Co's consolidated revenue for the quarter rose nearly 87% Y/Y

** YTD, stock nearly tripled, up 187.73%

($1 = 95.3025 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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