India's BMW Industries jumps on co, subsidiary winning 3.65 bln-rupee orders

BMW Industries

01/01/2025 04:38

** BMW Industries  BMWI.BO  rises 5.9% to 56.72 rupees
    ** Steel producer gets order worth 1.89 bln rupees ($22 mln)
for its NH6 unit for tubes and associated services
    ** Another BMWI's subsidiary gets 1.76 bln-rupee order for
co's Adityapur unit for tubes and associated services
    ** Around 327,839 shares traded, 1.3x the 30-day avg
    ** Stock set to snap nine-session losing streak
    ** BMWI gained ~2% in 2024 vs 2023's 53% rise

($1 = 85.6850 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))