India's HLE Glascoat gains on quarterly profit surge

HLE Glascoat

12/08/2025 08:12

** HLE Glascoat HLEG.NS rises 3.1% to 450.15 rupees; set for fourth straight session of gains

** Process equipment maker posts more than four-fold jump in June-quarter net profit, 25% rise in consol rev

** Says co will focus on efficient working capital management, reducing overall debt to improve performance

** More than 700,000 shares traded, ~5x the 30-day avg

** YTD, HLEG gains 22%

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com))