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TEMBO Tembo Global Industries News Story

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India's Tembo Global gains on unit gettting licence to manufacture ammunition

** Shares of industrial metal products maker Tembo Global Industries TEMB.NS, RIC up 2.3% to 598 rupees

** Co's unit granted licence by India govt to manufacture ammunition of various calibers

** Shares rose as much as 4.3% after the news

** Stock set to rise for a fifth straight session

** YTD, TEMB down ~2%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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