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))
Recent news on Techno Electric & Engineering
See all newsBrief: Techno Electric Engineering Company March-Quarter Consol Net Profit 1.15 Billion Rupees
Brief: Techno Electric & Engineering Posts Sept-Qtr Consol Net Profit 1.04 Billion Rupees
Brief: Indigrid Infrastructure Trust Signs Agreement To Buy Neres XVI Power Transmission
India's Techno Electric & Engineering rises on Q1 profit jump
Brief: Techno Electric & Engineering June-Quarter Consol Net Profit 1.36 Billion Rupees