India's Suprajit Engineering gains as Q2 sales rise 15%

Suprajit Engineering

05/10/2020 07:16

** Shares of Suprajit Engineering Ltd  SUPE.NS  rise as much
as 4.25% to 196.35 rupees, highest since Aug. 26
    ** The automotive component maker's shares are on track for
a second consecutive session of gains
    ** Company says Q2 group sales rose 15% from a year earlier
    ** Says Q2 operational financial performance expected to be
"normal"
    ** Shares of peer Amara Raja Batteries Ltd  AMAR.NS  down
2.17% 
    ** More than 2.3 mln Suprajit shares change hands compared
to the 30-day average of 2.5 mln shares
    ** Since March 25, stock has gained ~90% as of last close

 (Reporting by Chandini Monnappa in Bengaluru)
 ((Chandini.M@thomsonreuters.com; 910867497919;))