India Glycols climbs as co wins orders worth $140 mln

India Glycols

19/12/2023 04:34

** Shares of India Glycols  IGLY.NS  rise as much as 13.07%
to 794 rupees, their sharpest intraday pct gain since March 6 
    ** Shares set to rise for a fourth consecutive session 
    ** IGLY said it has won orders to supply ethanol worth about
11.64 bln rupees ($140.02 mln)
    ** Orders from cos including Bharat Petroleum Corp  BPCL.NS 
Indian Oil Corp  IOC.NS , Hindustan Petroleum Corp  HPCL.NS ,
Reliance Industries  RELI.NS  - IGLY 
    ** More than 742,474 shares change hands, 8x 30-day avg 
    ** Stock down ~0.2%, YTD 

    ($1 = 83.1300 Indian rupees)

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