India's Macpower CNC hits upper circuit after supplying machines

Macpower CNC Machines

19/03/2024 06:43

** Macpower CNC Machines  MACP.NS  shares hit upper circuit
of 5% to 965.3 rupees, highest since Feb. 9
    ** Computer numerical control maker dispatches 3 VMC
machines with a value of 52 million rupees ($626,978) to a
state-controlled defence co
    ** More than 15,000 shares traded, similar to its 30-day avg
    ** Stock has gained 61% so far this year, on top of a 77%
jump last year; 2023 also marked its fourth straight year of
gains


($1 = 82.9375 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))