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LOKESHMACH — Lokesh Machines News Story

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IndustrialsSpeculativeSmall CapMomentum Trap

India's Lokesh Machines jumps on receiving certificate to make defence equipment

** Shares of Lokesh Machines LOMA.NS rise to exchange-allowed maximum of 10% to 223.66 rupees

** India's Ministry of Defence grants registration certificate to co to expand manufacturing capacity

** Co says the certificate will extend its existing product portfolio and help it manufacture defence products at in-house facility

** Trading vols at 157,369 shares, nearly 2x the 30-day average

** Day's gains trim LOMA's YTD losses to 28.8%

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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