May 14, 2019 / 9:26 AM / 4 months ago

BUZZ-India's Siemens jumps after qtrly profit beats estimates

** Shares of conglomerate Siemens Ltd climb 4.7% to 1,100.55 rupees, their sharpest intraday gain since Feb. 7

** March-qtr profit jumps ~28% to 2.80 bln rupees ($39.80 mln) - its highest in six qtrs; beats consensus forecast of 2.65 bln rupees, according to I/B/E/S data from Refinitiv

** Gross sales up 9.4%, new orders jump 24.3%

** Co says seeing acceleration in demand from customers for digitalisation portfolio; rev from digital factory business climbs ~14%

** Over 1 mln shares change hands, vs 30-day avg of 528,271 shares

$1 = 70.3470 Indian rupees Reporting by Chris Thomas in Bengaluru

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