India's Federal-Mogul Goetze jumps on qtrly profit rise

Federal-Mogul Goetze (India)

30/05/2024 06:47

** Shares of Federal-Mogul Goetze (India)  FEDM.NS  up 5.9%
at 391 rupees
    ** FEDM on track to log its biggest one-day pct gain since
Sept. 2023 
    ** The auto-parts maker reported 27% y/y rise in March-qtr
consol net profit, rev from ops up over 4% 
    ** Stock eyes busiest trading day after six sessions,
volumes at 3.4x the 30-day avg 
    ** Including session's gains, stock up 8.4% YTD 
    


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