Australia's XTEK up on $1 mln ballistic armour order

Highcom

18/10/2023 03:38

** Shares of ballistics and technology firm XTEK Ltd
 XTE.AX  rise as much as 4.2% to A$0.495
    ** Says its HighCom Armour Solutions Inc business has
received a follow-on order to supply high-end ballistic body
armour products worth A$1.6 mln ($1.02 mln)
    ** Says shipment will be delivered over coming weeks
    ** Stock down ~22.1% YTD, as of last close 
    



($1 = 1.5681 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))