India's PG Electroplast jumps on upbeat Q1 results, forecast

PG Electroplast

25/07/2024 05:19

** Shares of PG Electroplast  PGEL.NS  climb 10.5% to a
record high of 443.20 rupees
    ** Stock on track for fourth straight session of gain
    ** Electronic manufacturing services provider's Q1 consol
net profit more than doubles; rev surges 95% Y/Y
    ** Forecasts FY25 rev growth of 33% Y/Y; 58% Y/Y profit
growth   
    ** PGEL up 86% YTD, set for fifth straight annual gain 
    

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