Australia's HighCom gains on upbeat H2 FY24 results

Highcom

07/08/2024 03:06

** Shares of HighCom  HCL.AX  rise as much as 54.3% to
A$0.270, their highest level since Feb. 12
    ** The international defense industry co says its
second-half results of FY24 came in line with previous guidance
    ** 4.8 mln shares change hands, compared with the 30-day
average volume of 250,721
    ** Stock down 54.6% this year as of last close

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))