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TEMBO Tembo Global Industries News Story

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Consumer CyclicalsSpeculativeSmall CapTurnaround

India's Tembo Global rises as co wins $5.2 mln contract

** Shares of pipes-to-textiles firm Tembo Global Industries
 TEMB.NS  rise 2% to 738 rupees
    ** TEMB stock extends gains to a third straight session 
    ** Co said it won an order worth 438.9 mln rupees ($5.2
million) 
    ** Adds that contract requires co to supply ductile iron
pipes to a water irrigation project 
    ** YTD, stock has more than doubled

    ($1 = 84.7200 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))

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