India's Subros soars on order from Indian Railways

Subros

16/12/2021 07:43

** Shares of automotive air conditioning parts maker
 SUBR.NS  jump as much as 8.9% to 408 rupees
    ** SUBR posts biggest intraday pct gain since Dec. 14, up
for a seventh session in eight
    ** Co says https://bit.ly/3pUgYSg got order from Indian
Railways for supply of coach air conditioners 
    ** Co did not disclose financial details of the order
    ** Co says on track to expand business in railway electric
mobility segment
    ** More than 260,000 shares trade by 0740 GMT, 5.6 times
their 30-day avg of over 46,000 shares
    ** As of last close, SUBR had risen 9.2% this year

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))