India's Jash Engineering up on order book update

Jash Engineering

10/04/2024 08:59

** Shares of Jash Engineering  JSHE.NS  rise as much as 3.7%
to 1,804 rupees, last up 1.8%
    ** Water-intake equipment maker says consol orders received
in March worth 450 million rupees ($5.4 million); total consol
order book position of co at 7.84 billion rupees as on April 1
    ** Proposes a consol sales rev target of 6.5 billion rupees
for FY 24-25
    ** JSHE gained 8% in March-qtr for ninth straight quarterly
gains
    ** More than 18,600 shares change hands, 1.4x the 30-day avg
    ** Stock up 13% YTD, had gained ~89% in 2023 for fifth
straight year of gains


($1 = 83.1573 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))