India's BGR Energy Sytems jumps on order win

BGR Energy Systems

13/12/2022 04:09

** Shares of BGR Energy Systems Ltd  BGRE.NS  rise as much
as 14.8% to 77.40 rupees, highest level since Sept. 23
    ** The power plants equipment maker and contractor received
an order worth 3.30 bln rupees from Indian Oil Corp Ltd
 IOC.NS  urn:newsml:reuters.com:*:nFWN3322H5
    ** Shares mark sharpest intraday pct gain since July 18, on
track for second consecutive session of gains
    ** ~869k shares traded as of 9:28 a.m, 9.5x the 30-day avg
    ** Stock down 21.4% YTD, as of last close
 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))