India's Metro Brands gains on quarterly profit jump

Metro Brands

21/05/2026 07:11

** Shares of India's Metro Brands METB.NS up 4.62% to 1,091 rupees

** METB's Q4 consolidated net profit after tax rose 17.5%; revenue from ops grew around 20%

** Growth was driven by festive and wedding season demand and continued retail expansion

** Trading volume at 120,164 shares vs 30-day avg of 38,159 shares

** METB rated "buy" on avg by 21 analysts; median PT is 1,286 rupees - data compiled by LSEG

** YTD, stock down ~14%

($1 = 96.3225 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))