India's Arvind SmartSpaces rises after quarterly profit jump

Arvind Smartspaces

07/08/2026 10:12

** Shares of India's Arvind SmartSpaces ARVD.NS surge as much as 15% to 693.80 rupees, their highest levels since May 29
** Stock last up 7.21% at 646.15 rupees
** Co posts more than eight-fold rise y/y in quarterly profit to 990.1 million rupees ($10.39 million), while revenue rises more than 3 times y/y
** ARVS rated "strongbuy" on average by five analysts, median PT at 820 rupees--data compiled by LSEG
** YTD stock up 2.06%


($1 = 95.2700 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))