** Shares of RACL Geartech NSE:RACLGEAR up 3.4% at 1,139.5 rupees
** The auto-parts maker's consol profit nearly doubles to 120.5 million rupees ($1.4 million), while revenue from operations up 13.4%
** With ~70% of revenue from exports and a shift towards low-volume, high-value parts, RACG maintains attractive margin profiles, with EBITDA margins in the range of 20% to 25%, even in a competitive market, brokerage ICICI Direct says
** Brokerage is positive on RACG, driven by its strategic presence in premium auto component space with strong orderbook visibility targeting 10 billion rupees sales over next 4-5 years
** Shares set to rise for a fifth consecutive session
** YTD, RACG stock up ~30%
($1 = 88.6550 Indian rupees)