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CIEINDIA CIE Automotive India News Story

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CIE Automotive India rises on higher profit and revenue

** Shares of CIE Automotive India CIEA.NS rise as much as 7.5% to 458 rupees, its highest since June 13

** The autoparts maker reports a 9.6% rise in consolidated second-quarter profit and an 11% rise in consolidated revenue from operations year-on-year

** More than 3.29 million shares change hands vs 30-day avg of 234,332 shares

**Stock rated as "Buy"; median PT at 486 rupees, as per data compiled by LSEG

**YTD, stock down nearly 7%

(Reporting by Mridula Kumar)

((mridula.kumar@thomsonreuters.com))

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