India's Greaves Cotton up after Q3 profit surges

Greaves Cotton

08/02/2024 08:07

** Shares of engineering firm Greaves Cotton  GRVL.NS  up 6%
at 170 rupees 
    ** GRVL says Dec-qtr consolidated profit before exceptional
item and tax saw seven-fold jump, while rev from operations up
29.6% 
    ** If gains hold, stock set to snap two straight sessions of
losses; on track for best day since Aug, 2023  
    ** Stock up nearly 13% YTD, after three straight years of
gains   
    

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