India's PG Electroplast jumps after unit gets nod for production incentives

PG Electroplast

01/04/2024 07:46

** Shares of electronics components maker PG Electroplast
Ltd  PGEL.NS  up 6.3% at 1,767 rupees
    ** PGEL's unit, PG Technoplast, gets nod to receive
government incentives to manufacture air conditioner components
    ** Stock up 5% or higher only second time in 2024
    ** However, PGEL logged fourth straight monthly loss in
March
    ** Stock trims YTD losses to 25.5%


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))