India's Comrade Appliances rises on order from Reliance Retail

Comrade Appliances

26/12/2024 09:51

** Shares of Comrade Appliances  COMR.BO  rise 5.5% to 132
rupees
    ** Home appliances maker wins order from the retail arm of
Reliance Industries  RELI.NS  
    ** Order for air coolers worth 148.9 million rupees ($1.8
million)     
    ** More than 50,000 shares traded, 3x their 30-day avg    
    ** Stock largely flat in 2024, but up around 51% since
listing in June 2023

($1 = 85.2650 Indian rupees)

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))