India's CIE Automotive gains after Q4 revenue growth

CIE Automotive India

24/04/2026 07:00

April 24 (Reuters) - ** Shares of India's CIE Automotive CIEA.NS jump as much as ~7.6%, last up 1.17% at 474.10 rupees

** Auto components maker reported Q4 consol revenue of 26.12 billion rupees, up ~15% y/y, helped by growth across India and Europe

** Consol net profit up 20.8% y/y at 2.49 billion rupees

** Trading vols at 3.3 mln shares, nearly 8x their 30-day average

** CIEA rated "buy" on average by four analysts, median PT: 533 rupees - data compiled by LSEG

** YTD, stock up ~11.7%

($1 = 94.2875 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))