India's Suprajit Engineering down 5% after Q4 profit falls

Suprajit Engineering

29/05/2023 10:49

** Shares of Suprajit Engineering Ltd  SUPE.NS  fall as much
as 5.05% to 376.10 rupees
    ** Co's Q4 consolidated profit falls 15.7% YoY, while rev
from ops rises 38.2% YoY
    ** Total expense up 44.4%, led by rise in input costs
    ** More than 511,000 shares traded by 3:12 p.m. IST, 2.5x
the 30-day avg
    ** All 6 analysts covering stock have "buy" or "strong buy"
rating; median PT is 410 rupees - Refinitiv data
    ** Including session's loss, stock pares some of its gains,
last up 16.2% YTD


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))