India's BEML hits record high on 1.01 billion rupees order win

BEML

23/08/2023 05:11

** Shares of defence ground support equipment maker BEML  BEML.NS  rise as much
as 4.79% to 2,182 rupees, hitting a record high
    ** Stock of BEML on track for third consecutive session of gains, if trends
hold
    ** BEML wins order worth 1.01 bln rupees ($12.18 mln) from Ministry of
Defence  urn:newsml:reuters.com:*:nFWN3A31HK
    ** More than 415,000 shares change hands by 9:33 a.m. IST, 0.7x the 30-day
avg 
    ** Stock up 41.8% so far this year 


($1 = 82.9250 Indian rupees)

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com;))