BUZZ-India's V Guard rises on quarterly profit surge

Reuters

01/29

** Shares India's V Guard VGUA.NS jump nearly 3% to 326.35 rupees after Q3 profit surged 26% YoY

** Electrical appliances maker's cables & wires business drove growth

** Jefferies ("buy", PT 430 rupees) says cables & wires business benefited from volume growth and commodity price inflation

** Investec ("buy", PT 465 rupees) says likely benefit from higher realisation and stocking by dealers, consistent with trends seen by peers

** Stock rated "buy" on avg by 18 analysts, similar to peers Havells India HVEL.NS and Polycab India POLC.NS -- data compiled by LSEG

** Stock down 3.2% so far in Jan; dropped about 22% in 2025

($1 = 91.9525 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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wires business drove growth </p><p>** Jefferies (\"buy\", PT 430 rupees) says cables &amp; wires business benefited from volume growth and commodity price inflation</p><p>** Investec (\"buy\", PT 465 rupees) says likely benefit from higher realisation and stocking by dealers, consistent with trends seen by peers</p><p>** Stock rated \"buy\" on avg by 18 analysts, similar to peers Havells India <span>HVEL.NS</span> and Polycab India <span>POLC.NS</span> -- data compiled by LSEG</p><p>** Stock down 3.2% so far in Jan; dropped about 22% in 2025</p><p>($1 = 91.9525 Indian rupees)</p><p>(Reporting by Surbhi Misra in Bengaluru)</p><p>((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JEF","symbol_name":"杰富瑞","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260129:nL4N3YU0FX:1","article_id":"2607114771","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607114771","pubTimestamp":1769660831,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-India's V Guard rises on quarterly profit surge** Shares India's V Guard VGUA.NS jump nearly 3% to 326.35 rupees after Q3 profit surged 26% YoY ** Electrical appliances maker's cables & wires bus","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JEF":"杰富瑞","BK4559":"巴菲特持仓","INVP.UK":"天达银行(Investec)","BK5059":"综合性资本市场","BK4127":"投资银行业与经纪业"},"translate_title":"BUZZ-印度V Guard因季度利润飙升而崛起","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INVP.UK":0.9,"JEF":0.9},"content_text":"BUZZ-India's V Guard rises on quarterly profit surge** Shares India's V Guard VGUA.NS jump nearly 3% to 326.35 rupees after Q3 profit surged 26% YoY ** Electrical appliances maker's cables & wires business drove growth ** Jefferies (\"buy\", PT 430 rupees) says cables & wires business benefited from volume growth and commodity price inflation** Investec (\"buy\", PT 465 rupees) says likely benefit from higher realisation and stocking by dealers, consistent with trends seen by peers** Stock rated \"buy\" on avg by 18 analysts, similar to peers Havells India HVEL.NS and Polycab India POLC.NS -- data compiled by LSEG** Stock down 3.2% so far in Jan; dropped about 22% in 2025($1 = 91.9525 Indian rupees)(Reporting by Surbhi Misra in Bengaluru)((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}