India's Federal-Mogul Goetze surges after quarterly profit growth

Federal-Mogul Goetze (India)

29/05/2025 09:02

** Federal-Mogul Goetze (India) Ltd FEDM.NS shares surge 16.1% to 441.6 rupees

** Auto parts maker reports Q4 results: 47.3% y/y jump in consol net profit, rev grows 7.2%

** Stock on track for its 7th straight day of gains

** Trading volume at more than 2.1 mln shares, 69.1x 30-day moving avg and the most since Sept. 5, 2023

** Stock up 15.8% YTD

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))