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INOXINDIA — Inox India News Story

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Inox India rises after it secures multiple orders worth $98 mln

BUZZ-Inox India rises after it secures multiple orders worth $98 mln

** Shares of Inox India Ltd INOI.NS up 3.4% at 1,868.6 rupees apiece

** Co receives orders worth 9.39 billion rupees ($98.29 million)

** Order split includes 8.71 bln rupees in the industrial gas segment, 440 mln rupees in the LNG segment, 160 mln rupees in cryo-scientific solutions segment, besides beverage keg orders worth 80 mln rupees

** Sees strong momentum in adoption of cryogenic technologies for "sophisticated" applications, particularly in the space sector - Co

** YTD, the stock is up 65.09%

($1 = 95.5300 Indian rupees)


(Reporting by Saikeerthi in Bengaluru)

((Saikeerthi@thomsonreuters.com; (+91) 8296756080))

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