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UNIMECH — Unimech Aerospace and Manufacturing News Story

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India's Unimech hits record high after stake increase in gas turbine maker

BUZZ-India's Unimech hits record high after stake increase in gas turbine maker

** Shares of Indian aerospace parts maker Unimech Aerospace and Manufacturing UNIG.NS rise 7% to record high of 1,599.90 rupees

** Co on Monday said it acquired a further 5.08% stake in gas turbine manufacturer Dheya Engineering for 30 million rupees

** Unimech now owns 35.07% of Dheya Engineering

** More than 526,000 shares change hands by 1:27 pm IST; 2.3x the 30-day avg

** Stock up 76.2% YTD


(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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