India's Allied Digital rises after selection for Ayodhya project

Allied Digital Services

11/01/2024 07:27

** Shares of Allied Digital Services  ADIS.NS  rise 13% to
160 rupees, their highest since April 22, 2022
    ** The IT consulting co got selected as Master System
Integrator (MSI) for Integration of CCTV surveillance with
Existing ITMS Control Room for Ayodhya Smart City Project 
    ** More than 2 mln shares traded, 2.4x the 30-day avg
    ** Stock rose 50% in 2023

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))