India's PG Electroplast jumps on deal with Whirlpool of India

Whirlpool of India

24/12/2024 04:17

** PG Electroplast  PGEL.NS  rises as much as 5.3% at 1,001
rupees
    ** Consumer electronics maker and Whirlpool of India
 WHIR.NS  sign deal to contract manufacture select
Whirlpool-branded semi-automatic washing machines at PGEL's
Roorkee plant
    ** No financial details have been disclosed yet
    ** Stock set to gain for second straight month; added 38.1%
so far in December
    ** PGEL rated "buy" on avg; median PT is 679.5 rupees - LSEG
    ** Stock last up 4.9%, extending YTD gains to 320%

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))