India's Shivalik Bimetal Controls jumps to record after quarterly profit surge
07/08/2026 07:48
BUZZ-India's Shivalik Bimetal Controls jumps to record after quarterly profit surge ** Shares of Shivalik Bimetal Controls SHVB.NS rise 20% to record 920.90 rupees
** Precision-engineered thermostatic bimetals maker reports June-quarter consol net profit increase of 44.9% Y/Y to 330.1 million rupees ($3.47 million)
** Consol revenue from operations rises 32.9% Y/Y in the quarter
** More than 5.7 million shares traded so far, about 14x 30-day average volume - LSEG-compiled data
** Stock has more than doubled on YTD basis
($1 = 95.2200 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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