Eimco Elecon (India) rises on $4.68 mln order win

Eimco Elecon (India)

13/10/2023 05:42

** Shares of Eimco Elecon (India)  EIMC.NS  rise as much as
6.3% to record high of 1325.1 rupees
    ** Stock set to rise for an eight straight session, if gains
hold
    ** Co says it received an order worth 389.6 mln rupees
($4.68 million) for supply of coal mining equipment to JMS
Mining 
    ** More than 17,000 shares change hands by 10:02 a.m. IST vs
30-day avg of 23,573 shares
    ** EIMC up 4.2% as of 10:03 a.m. IST, extending YTD gains to
~229%



($1 = 83.2325 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))