Australia's Calix jumps on joint development agreement with India's Ambuja Cements

Ambuja Cements

Yesterday 01:59

** Shares of Australia's Calix CXL.AX rise as much as 19.2% to A$0.435, its biggest intraday pct gain since January 19
** Industrial technology firm announces execution of joint development agreement (JDA) with Ambuja Cements Limited ABUJ.NS 
** JDA for a commercial-scale project at the Sanghi Cement Plant in Gujarat, India
** 648,225 shares change hands, 1.7x the 30-day average volume 
** Stock has fallen 57.7% this year, including session moves

(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))