India's HLE Glascoat jumps after unit's $42 million-$48 million order win
12/11/2026 04:05
BUZZ-India's HLE Glascoat jumps after unit's $42 million-$48 million order win ** Shares of India's HLE Glascoat HLEG.NS jump 4.99% to 464 rupees
** Co's subsidiary Kinam Engineering Industries secured an order worth $42 million to $48 million from an unnamed North American energy storage company
** Order involves designing, manufacturing and supplying specialised heat exchangers and related equipment for a large-scale energy storage project
** Contract expected to be executed in phases through November 2028
** Trading vols at 497,379 shares vs 30-day average of 138,633 shares
** YTD stock up 4.2%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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