India's Schneider Electric up on 5x surge in Sept-qtr profit
08/11/2023 04:19
** Shares of Schneider Electric Infrastructure SEIN.NS
rise as much as 6.5% to 366.65 rupees, sharpest intraday pct
climb since Sept. 25
** Co, which designs and manufactures products for
electricity distribution, said its Sept-quarter profit rose
nearly 5x YoY, revenue up 17.8%
** Stock on track to rise for seventh straight session, if
trend holds
** Stock last up 3.8%, bumping YTD gains 2.2x
(Reporting by Varun Vyas in Bengaluru)
((varunvyas.hebbalalu@thomsonreuters.com))
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