CIE Automotive India drops on Q2 profit fall

CIE Automotive India

25/10/2024 08:58

** Shares of CIE Automotive India  CIEA.NS  down 2% to 492.4
rupees, its lowest in nearly five months 
    ** Auto parts maker's Sept-qtr consol net profit declined
48% Y/Y, rev from ops fell 6.3%  
    ** Analysts' avg rating on stock is "Buy", median PT is 650
rupees - LSEG data 
    ** Stock up ~5% YTD 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))