De Nora India jumps on $4.6 mln order win
02/07/2024 08:01
** Shares of electrodes maker De Nora India DENO.NS rise
as much as 13.2% to 1890 rupees, last up 12.3%
** DENO says it has won order from Nuclear Power Corporation
of India worth 387.2 mln rupees ($4.6 mln)
** Share price above 50-day, 100-day and 200-day exponential
moving averages since June 11
** Stock is witnessing its most active trading session since
May 2 with more than 173,000 shares change hands, 7.7x of 30-day
avg
** Stock rose 1.9% in June quarter, its third straight
quarterly gain
** Stock up ~22% YTD
($1 = 83.5050 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))