India's Lloyds Engineering Works jumps on bagging $9.7 mln orders

Lloyds Engineering Works

22/04/2024 10:20

** Shares of Lloyds Engineering Works  LSIL.NS  jump 13.7%
to 61.75 rupees
    ** Co gets 810 mln rupees ($9.7 mln) orders for naval
equipment, incl steering gears system, over three-year period
    ** Stock has surged ~24% so far in April, set for its best
month since July 2023 and taking YTD gains to ~44%
 
 ($1 = 83.3443 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;))