India's Isgec Heavy Engineering rises on Q4 profit jump

Isgec Heavy Engineering

30/05/2023 05:40

** Shares of Isgec Heavy Engineering Ltd  ISGE.NS  up as
much as 9.6% to 589.8 rupees
    ** Stock touches highest level since April 11; on track for
a fourth consecutive session of gains, if trend holds 
    ** Co reports its Q4 net profit more than doubled; revenue
from ops rose nearly 28%
    ** More than 426,333 shares change hands in early trade, 5.4
times their 30-day avg     
    ** Up to last close, stock had risen 12.4% this year


 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))