India's Knowledge Marine and Engineering Works rises after $29 million order win
21/09/2026 05:11
BUZZ-India's Knowledge Marine and Engineering Works rises after $29 million order win ** Shares of India's Knowledge Marine and Engineering Works KNOW.NS jump as much as 5.3% to 3,038 rupees
** Stock on track for biggest intraday percentage gain since March 10
** Marine engineering co receives 2.79 billion rupees ($29.13 million) work order from Mumbai Port Authority for battery-operated electric tug
** Contract includes construction and hiring of tug, along with operations and maintenance, for 15 years
** Co says latest deal is its third green tug contract, helping expand its business beyond dredging into shipbuilding and long-term marine asset management
** YTD stock up 56.92%
($1 = 95.7700 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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