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

Isgec Heavy Engineering

24/02/2023 04:06

** Shares of Indian machinery and equipment maker Isgec
Heavy Engineering Ltd  ISGE.NS  up as much as 2.8% at 459.70
rupees, their biggest intraday pct gain in since Feb. 10
    ** Stock at highest level since Feb. 20
    ** Co on Thursday, after market hours, said it received an
order for supplying seven waste heat recovery boilers from a
major steel company in eastern India
    ** As of last close, stock down 6.6% so far this year;
declined 21.2% in 2022
 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))