India's Welspun Living up on Q1 profit rise

Welspun Living

24/07/2024 09:58

** Shares of home textiles maker Welspun Living  WLSP.NS  rise as much as
4.6% to 181.70 rupees
    ** Co reported a 15% rise in June-qtr consolidated net profit to 1.86
billion rupees ($22.2 million) 
    ** WLSP also approved share buyback of 2.78 billion rupees
    ** Average analyst rating on the stock is buy; median PT is at 180 rupees -
LSEG data 
    ** Stock last up 4.2%, taking YTD gains to 25.2%


($1 = 83.7021 Indian rupees)

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com;))