WeWork India rises after fourth-quarter profit surges
** Shares of WeWork India Management WEWO.NS rise 7.45% to 523.05 rupees ** The flexible workspace operator posts profit of 655.5 million rupees ($6.80 million) in the fourth quarter, up ~80% Y/Y ** Revenue from operations up 29% at 6.96 billion rupees ** WEWO rated "strong buy", on avg, by six analysts; median PT is 840 rupees - data compiled by LSEG ** WEWO stock down 19.4%, YTD ($1 = 96.3800 Indian rupees) (Reporting by Devika Nair in Bengaluru) ((Devika.MadhusudhananNair@thomsonreuters.com;))
Recent news on Wework India Management
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