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IZMO Izmo News Story

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India's Izmo jumps after semiconductor unit announces defense electronics foray

** Shares of Izmo IZMO.NS jump 5% to 711.20 rupees

** IZMO's semiconductor packing unit announces defense electronics foray

** Co sees potential as India looks to reduce imports and supports local manufacturing

** Stock was down 3.8% before the news

** IZMO trims YTD losses to 12.4%

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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