India's PTC Industries gains on Q2 profit surge

Ptc Industries

18/11/2024 05:10

** Shares of PTC Industries  PCIN.NS  rise 2.5% to 11,337.6
rupees, eyes best day since Sept. 30
    ** The metal components maker said consol net profit surged
over two-fold to 173 mln rupees ($2.05 million); rev from ops up
~26% Y/Y
    ** Co aided by strong order wins throughout the quarter
    ** Stock up ~89% so far this year



($1 = 84.3900 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))