India's Salzer Electronics surges on Q2 profit jump

Salzer Electronics

11/11/2024 09:47

** Shares of Salzer Electronics  SALZ.NS  jump as much as
14.3% to 1,166.50 rupees
    ** The electrical component manufacturer reports nearly
three-fold Y/Y jump in Q2 consol net profit; rev from ops rose
22.6% Y/Y
    ** More than 319,000 shares change hands, 2.9x the 30-day
avg
    ** Stock up 161.1% YTD, on track for best yearly gain since
listing in Dec 2015



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))