Australia's Orbital gains on securing contract from Indian firm
05/10/2026 24:11
BUZZ-Australia's Orbital gains on securing contract from Indian firm ** Shares of Australia's Orbital OEC.AX rise as much as 14.3% to A$0.120, logging their biggest intraday pct gain since August 25
** Engine maker secures orders from Indian engineering and defence firm Larsen and Toubro LART.NS ** Adds, orders for three propulsion systems
** Co adds orders for three propulsion systems
** Stock down nearly 15% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
Recent news on Orbital
See all newsOrbital jumps to over a month high after securing deal with American Aerospace Technology
Brief: Orbital Corporation Posts Q1 Revenue Recorded At A$3.4 Million
Australia's Orbital gains on securing contract from Indian firm
Brief: Orbital Secures Indian Order
Brief: Orbital Corporation Posts Fy2026 Loss After Tax Attributable A$4.76 Million