Eimco Elecon (India) hits upper circuit after order win

Eimco Elecon (India)

20/06/2024 05:11

** Shares of mining equipment maker Eimco Elecon (India)
 EIMC.NS  rise as much as 5% to hit upper circuit at 2,157.80
rupees 
    ** EIMC wins order worth 331.1 mln rupees ($4 mln) from
Singareni Collieries Company for supply of coal mining equipment
   
    ** Stock up 34.9% YTD
    ** Stock up 41.2% so far this quarter vs fall of 4.5% in
March quarter




($1 = 83.4550 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))