India's Eveready up after posting Q4 profit

Eveready Industries India

29/04/2024 05:14

** Shares of battery maker Eveready Industries India
 ERDY.NS  up 2.5% at 366.05 rupees 
    ** ERDY posts March-qtr consolidated profit of 80.5 mln
rupees ($965,025.32) vs loss of 143.9 mln rupees year ago 
    ** Stock trading above its 50-,100-, 200-day moving avgs 
    ** Analysts, on avg, rate ERDY "strong buy"; rivals Amara
Raja Energy & Mobility  AMAR.NS  and Exide Industries  EXID.NS 
have "hold" rating - LSEG  
    ** As of YTD, ERDY up 3.7%, AMAR 35% higher, EXID has risen
45% 
    
($1 = 83.4175 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))