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BUZZ-India's BEML hits 1-year high; govt to divest stake in co
January 9, 2017 / 4:27 AM / 10 months ago

BUZZ-India's BEML hits 1-year high; govt to divest stake in co

** State-controlled BEML Ltd’s shares rise as much as 19.6 pct to its highest since Jan 15, 2016

** Heavy vehicle and rail car maker says govt to divest 26 pct holding in co bit.ly/2hX9sGn

** Stock posts biggest intraday pct gain since May 19, 2014

** About 2.5 mln shares had changed hands by 0422 GMT, seven times the 30-day average

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