Sealmatic India gains on securing license for Abu Dhabi-based JV

Sealmatic India

23/12/2024 07:20

** Shares of Sealmatic India  SEAL.BO  climb as much as 2.4%
to 592.5 rupees
    ** SEAL on track to snap two sessions of losses 
    ** Co acquired Abu Dhabi economic license to form 50:50
joint venture (JV) company; JV to set up service centre in Abu
Dhabi for mechanical seals 
    ** Stock last up 1.1%, extending YTD gains to 3.8% 
    
    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))