India's Mishra Dhatu Nigam gains on order win

Mishra Dhatu Nigam

12/12/2023 08:04

** Shares of Mishra Dhatu Nigam  MISR.NS  rise as much as
3.25% to 406.60 rupees apiece, highest since Nov. 7
    ** Alloys' maker says it bagged an order worth 3.57 bln
rupees; order book position for FY24 now around 11 bln rupees
    ** Trading volume is 2.01 mln shares as of 1:24 p.m. IST,
2.8 times the 30-day avg - LSEG data
    ** MISR shares up 89% in 2023 so far, including day's gains

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))