US EditionElectrical Equipment Stock Hits Upper Circuit After 228% Jump in Q4 Profit
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Electrical Equipment Stock Hits Upper Circuit After 228% Jump in Q4 Profit
Electrical equipment stock surged 20% on Thursday to ₹131, hitting the upper circuit after reporting a sharp rise in quarterly profit. The stock rallied following strong Q4 results and a dividend announcement. The stock in focus is Veto Switchgears and Cables Ltd., a BSE- and NSE-listed company engaged in the manufacturing and sale of electrical products. Its portfolio includes wires and cables, LED lighting, CFLs, fans, switches, and electrical…
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