Moneycontrol BureauShares of Sundaram Brake Linings touched a 52-week high of Rs 439.90, gains 8.7 percent intraday Tuesday as it turned profitable in the June quarter.The company has registered net profit of Rs 30 lakh in the Q1FY17 against loss of Rs 3.4 crore, in the same quarter of last fiscal year.It total income was up 9.4 percent at Rs 64.2 crore.The EBITDA of the company was at Rs 2 crore against EBITDA loss of Rs 70 lakh.The company's other income increased to Rs 40 lakh from Rs 20 lakh.At 13:07 hrs Sundaram Brake Linings was quoting at Rs 414.50, up Rs 9.90, or 2.45 percent on the BSE.Posted by Rakesh Patil
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