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TECHNOE Techno Electric & Engineering News Story

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India's Techno Electric & Engineering rises on Q1 profit jump

** Techno Electric & Engineering TEEC.NS rises 6% to 1,447 rupees; set for best day since May end

** Power infra co posts 38.7% y/y jump in PAT; rev from ops soars 40% y/y

** Stock rated "strong buy" on avg; median PT is 1,642 rupees, ~14% upside to current levels, per data compiled by LSEG

** YTD, TEEC falls 8%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com))

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