India's L.G. Balakrishnan & Bros up after Q4 profit rises

LG Balakrishnan & Bros

02/05/2025 09:42

** Shares of L.G. Balakrishnan & Bros LGB.NS rise as much as 3.9% to 1,240 rupees

** Industrial machinery & equipment maker reported ~24% Y/Y rise in Q4 consol net profit after market on Wednesday while rev from ops rose 10.3% Y/Y

** India financial markets were closed on Thursday

** Stock on track to snap four straight session of loss, if trend holds

** Stock down 4% YTD

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))