India's GMM Pfaudler gains after quarterly profit more than doubles
06/08/2026 07:08
BUZZ-India's GMM Pfaudler gains after quarterly profit more than doubles ** Shares of India's GMM Pfaudler GMMP.NS rise as much as 8.5% to 930 rupees; stock last up 7.6% at 922.20 rupees
** Stock on track for best day since October 2025, if trend holds
** Engineering equipment supplier reports June-quarter consol net profit more than doubles to 239 million rupees ($2.51 million) Y/Y from 111.5 million rupees a year earlier
** Consol revenue from operations rises 16.4% Y/Y in the quarter
** More than 727,166 shares change hands, about 8.5x the 30-day average volume - LSEG compiled data
** Stock down 16.5% YTD
($1 = 95.1700 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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