Whirlpool of India climbs to 2-1/2-year high after quarterly profit jump

Whirlpool of India

29/07/2024 09:25

** Shares of Whirlpool of India  WHIR.NS  rise 7% to 2,200
rupees, their highest since Nov 26, 2021
    ** The home appliances maker's consol net profit surges 92%
to 1.44 billion rupees ($17.20 million), and rev up 22.5%
    ** Shares see second busiest day in a month, with over
521,000 shares traded
    ** Stock trims early gains to last trade up 4.4% 
    ** Avg rating of 12 analysts covering the stock is "HOLD;"
their median PT is 1645 rupees - LSEG
    ** WHIR up 57% YTD
($1 = 83.7040 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))