India's Signet Industries surges 20% on land allocation
** Signet Industries SIGN.NS surges an exchange-allowed
maximum of 20% to 88.65 rupees
** Co expects ~1.5 bln rupees ($18 mln) rev from project to
install micro-irrigation systems
** Trading vol ~12x the 30-day daily avg; stock see most
active session in 4 months
** Stock last up 18.5%, taking YTD gains to 34.3%
($1 = 83.5275 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
Recent news on Signet Industries
See all newsBrief: Signet Industries Ltd Resumes Production After Fire Incident
Brief: Signet Industries Reports Fire Incident At Factory, No Casualties
India's Signet Industries surges 20% on land allocation
Brief: Signet Industries Allocated 20,000 Hectares Of Land For Installation Of Micro-Irrigation Systems
India's Signet Industries hits near 16-month high on new orders