TVS Electronics surges on bulk Life Insurance order

DALAL STREET SPIKES

TVS Electronics went up by 5 per cent on the BSE on Tuesday. This follows it getting a Rs 11.6 crore order from the Life Insurance Corporation.

It involves supplying and installation of 14,000 TVS-E's MSP355 dot matrix printers and 16,000 TVS Gold keyboards across 2,000 branches of the insurance major.

TVS Electronics manufactures computer peripherals such as dot matrix printers, keyboards, power-conditioning systems, set-top boxes, consumables and service products. The stock ended at Rs 74.75 compared with its previous close of Rs 71.20