ZF COMMERCIAL VEHICLE REPORTS STRONG Q3 RESULTS, STOCK TRADING AT 52-WEEK HIGH LEVELS

reported a revenue of Rs 1,075 crore in Q3, up by 11.7% from Rs 962 crore in the same period last year. The company also reported a net profit of Rs 140 crore, up 11.7% from Rs 125.4 crore in the same period last year. EBITDA increased 12.7% to ₹199.3 crore from ₹176.8 crore a year ago, while the EBITDA margin remained largely stable at 18.5%, compared with 18.4% in the corresponding quarter last year. The stock price has seen a breakout above Rs 16,000 per share, suggesting a bullish momentum in the stock. It is also near it's 52-week high levels.