India's Kirloskar Brothers hits record high on Q1 profit surge

Kirloskar Brothers

01/08/2023 09:08

** Shares of Kirloskar Brothers  KRBR.NS  jump 6.2% to
record high of 810 rupees 
    ** Industrial and irrigation pumps maker reported a
multi-fold rise in its June-qtr profit from cont ops
    ** June qtr consol rev from ops up ~15% YoY 
    ** Trading vol by 01:31 p.m. IST is 3.7x the 30-day moving
avg
    ** As of last close, stock up ~135% so far this year

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))