India, Nov. 9 -- Shares of Ferguson Enterprises Inc. (FERG) surged 12% on Monday after the company reported third-quarter results, with profit increasing from last year. The company also raised its full-year sales growth guidance, supported by strong execution and contributions from acquisitions.

The stock is trading at $262.54, up $28.84 or 12.34%, on the NYSE. It opened at $251.68 after closing the previous session at $233.70. The stock has traded between $212.13 and $271.64 over the past 52 weeks.

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