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ENRIN — Siemens Energy India News Story

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Siemens Energy India jumps most in over 2 months after profit surge

BUZZ-Siemens Energy India jumps most in over 2 months after profit surge

** Shares of Siemens Energy India SIEE.NS jump 8.2% to 3524.7 rupees, their sharpest climb since May-end

** Power equipment maker's June-qtr PAT jumps 67.8% Y/Y; rev up 39.3%

** Co says better operating leverage, higher export contribution and improved execution supported earnings

** JPMorgan says sustained export momentum could drive revenue and margin upside

** ICICI Direct says India's power infrastructure capex cycle should support co's growth

** Over 1.5 mln shares traded, 3.3x the 30-day avg

** Stock rated "buy" on avg by 16 analysts; median PT 3530 rupees - data compiled by LSEG

** Stock up 41.4% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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