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TIL — TIL News Story

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IndustrialsSpeculativeSmall CapMomentum Trap

India's TIL gains after dedicated defence strategic business unit

** Shares of TIL Ltd TILL.NS rise 5% to exchange-allowed maximum of 382.05 rupees

** Material handling equipment maker announces dedicated defence strategic business unit 'TIL Defence' to consolidate its defence portfolio and production of critical military systems

** Trading vols at 93,133 shares, 1.6x the 30-day average

** TIL up ~30% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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