India's Aarvi Encon hits upper circuit on order win

Aarvi Encon

09/10/2024 05:02

** Shares of Aarvi Encon  AARI.NS  rise 20%, the
exchange-allowed upper limit, to 160.12 rupees
    ** Co on Tuesday said it got contract worth 1.73 bln rupees 
($20.6 mln) to supply engineers and staff for 3 years to an
Indian PSU engineering consultancy 
    ** Stock set to extend gains for a second straight session 
    ** Technical manpower supplier's stock up ~1.5% YTD

($1 = 83.9325 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))