Australia's Calix logs best day in five months after deal with Ambuja Cement

Ambuja Cements

Yesterday 06:06

** Shares of Australia's Calix CXL.AX gain as much as 19.2% to A$0.435, their biggest climb since January 19
** Industrial technology firm announces the execution of a joint development agreement with Ambuja Cements ABUJ.NS 
** Deal for a commercial-scale project at the Sanghi cement plant in Gujarat, India
** Around 1.1 mln shares change hands, nearly 2.8x 30-day average
** CXL down 59.2% YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))