India's BMW Industries jumps on government contract win

BMW Industries

25/03/2025 06:46

** Steelmaker BMW Industries's shares BMWI.BO soar as much as 10% to 49.51 rupees

** Co signs deal with government for specialty steel products under a production linked incentive (PLI) scheme

** BMWI last up 7.3%, set for best day in two months

** About 728,400 shares traded, 2.4x the 30-day avg

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))