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543230 — Advait Energy Transitions News Story

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India's Advait Energy Transition rises on order win

BUZZ-India's Advait Energy Transition rises on order win

** Shares of India's Advait Energy Transitions ADVR.BO rise as much as 8.1%, last up 2.8% at 2120 rupees

** Power transmission infra co receives order worth 1.35 billion rupees ($14.2 million) from government of central Indian state of Madhya Pradesh

** Co will design, manufacture and supply an Emergency Restoration System (ERS) for 400 kV, 220 kV and 132 kV high-voltage transmission lines, along with all required accessories

** Stock set to snap three sessions of losses

** More than 26,000 shares traded, 3.7x their 30-day moving avg

** Stock up ~46% YTD



($1 = 95.4125 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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