Schaeffler India climbs on strong quarterly earnings

Shares of Schaeffler India SCHE.NS gain as much as 4.7% to 4,221 rupees; last up 1%

Automotive and industrial parts maker's Q2 consolidated profit grew ~17% y/y, rev rose ~12% on strong domestic and export sales

Over 137,000 shares traded, 1.7x the 30-day avg

Stock rated "buy" on avg, median PT at 3,923 rupees - data compiled by LSEG

Year-to-date, stock up ~20%