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Order winBusiness Today

HLE Glascoat shares jump 5% on $42-48M order

Positive+23

GreyOak summary

HLE Glascoat Ltd shares rose 5% after its subsidiary, Kinam Engineering Industries, secured an international order valued between USD 42 million and USD 48 million. The contract involves supplying specialized heat exchangers for a large-scale energy storage project in North America, to be executed through November 2028.

What it affects

  • Shares rose 5% on a $42-48M order win.Rolling sentiment Positive +38

Source

Read the original at Business Today

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