India's Ucal rises after posting profit in Q2

UCAL

12/11/2024 09:58

** Shares of Ucal  UCAI.NS  rise 8.5% to 184.65 rupees
    ** The auto components manufacturer reported consol profit
of 4.9 mln rupees ($58,055.15) in Q2 vs loss of 14.9 mln rupees
a year earlier; revenue rose 22.1% Y/Y
    ** Trading vols at 40,384, 1.8x 30-day average
    ** UCAI up ~25% YTD

($1 = 84.4025 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))