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AEROFLEX Aeroflex Industries News Story

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Basic MaterialsSpeculativeMid CapHigh Flyer

India's Aeroflex Industries surge on Q3 profit jump

** Shares of Aeroflex Industries  AERO.NS  rise
exchange-allowed maximum of 20% to 223.35 rupees
    ** Metallic tube and hose maker on Wednesday reported 68.3%
Y/Y rise in Q3 consol profit while rev from ops rose 36.5% Y/Y
    ** Share price currently above 50-day, 100-day and 200-day
exponential moving averages
    ** Stock witnessing most active trading session since Jan.
11, 2024, with more than 8.9 mln shares changing hands, 9x of
30-day avg
    ** Stock rose 30.4% in 2024



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))

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