India's Isgec Heavy Engineering rises most in over 2 weeks on order win

Isgec Heavy Engineering

27/03/2023 06:11

** Shares of Isgec Heavy Engineering  ISGE.NS  up as much as
4.81% to 460.5 rupees, hits sharpest intraday pct gain since
March 10
    ** Industrial machinery and equipment maker receives order
worth 1.97 billion rupees ($23.9 million) from Maharashtra State
Power Generation
    ** Co also signs collaboration and licensing agreement with
United Conveyor Corporation, U.S. 
    ** About 116,168 shares change hands as of 10:25 a.m. IST,
vs 1.6x 30-day average of 73,053 shares 
    ** Stock down 8.24% YTD as of last close, extending 21.21%
loss in 2022

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))