CIE Automotive India rises on higher profit and revenue

About this update from Cie Automotive India Ltd

** Shares of CIE Automotive India NSE:CIEINDIA rise as much as 7.5% to 458 rupees, its highest since June 13** The autoparts maker reports a 9.6% rise in consolidated second-quarter profit and an 11% rise in consolidated revenue from operations year-on-year** More than 3.29 million shares change hands vs 30-day avg of 234,332 shares**Stock rated as "Buy"; median PT at 486 rupees, as per data compiled by LSEG**YTD, stock down nearly 7%

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