India's Astral jumps on quarterly profit rise

Astral

06/11/2025 09:49

** Shares of Astral ASTL.NS jump 6.4% to 1,561 rupees, highest since June 20

** Stock's biggest intraday percentage gain since February 25, 2022

** Pipes and fittings manufacturer posts 24% y/y rise in September-quarter consol net profit; rev from ops rises 15.1% y/y

** Trading volume at ~10x the 30-day avg in stock's busiest session since August 12

** ASTL rated "buy" by 27 analysts on average; median target price is 1,500 rupees – data compiled by LSEG

** Stock down 5.5% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))