India's BEML jumps on $30 mln order from Coal India unit

BEML

17/05/2024 05:16

** Shares of BEML  BEML.NS  up 4.8%, trimming some gains
after a 5.1% jump earlier in the session 
    ** Engineering equipment maker gets order worth 2.50 bln
rupees (about $30 million) from Northern Coal Fields, a unit of
state-owned Coal India  COAL.NS 
    ** Co set to snap two-session-losing run, if gains hold 
    ** Day's jump takes YTD gains to 37% 


($1 = 83.4820 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))