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)
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