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India's Mangalam Worldwide gains after ADNOC names it approved vendor

BUZZ-India's Mangalam Worldwide gains after ADNOC names it approved vendor

** Shares of stainless steel manufacturer Mangalam Worldwide MNGA.NS rise 2.4% to 39.50 rupees

** Abu Dhabi National Oil Company ADNOCDIST.AD empanels MNGA as an approved vendor to provide tubes

** "This approval strengthens co's credentials as a dependable partner for large and technically demanding organizations," MNGA's Managing Director Chandragupt Mangal said

** YTD, MNGA up ~43%


(Reporting by Vijay Malkar)

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

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