Australia's Elsight rises most in over a week on robust orders

Elsight

12/12/2023 01:31

** Shares of Elsight Ltd  ELS.AX  rise as much as 5.5% to
A$0.385, their highest since Dec. 1
    ** The communication tech developer says its ops and
business have recorded a second consecutive revenue increase of
more than $350,000  in orders over past month 
    ** Adds the rise in monthly orders will continue in coming
months 
    ** Stock has risen ~7.4% this year as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))