India's Schneider Electric hits over 4-mth high on Q4 profit jump

Schneider Electric Infrastructure

24/05/2023 05:13

** Shares of Schneider Electric Infrastructure up as much as
10.8% to 209.70 rupees, their highest since Jan. 16
    ** The heavy electrical equipment maker on Monday reported a
~36% rise in its March qtr profit, while revenue from ops rose
by ~21%
    ** Over 1.7 mln shares change hands by 09:34 a.m. IST, 3.1x
the 30-day moving avg
    ** As of last close, stock up ~15% so far this year


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