India's Sheela Foam up on Q4 profit climb

Sheela Foam

22/05/2024 05:35

** Shares of Sheela Foam  SHEF.NS  rose as much as 7.8%
before trimming gains, last up 2.2% to 944.65 rupees
    ** Mattress-maker's Q4 profit climbed ~50% Y/Y
    ** Furniture-maker peers Avro India  AVRI.NS  and Shashwat
Furnishing Solutions  SASW.BO  to both report results next week
    ** YTD, SHEF down 23.8%; AVRI and SASW up 17.5% and 3%
respectively

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))