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

Reuters
01/29
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_ |;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10