India's Asian Energy Services hits 18-month high on order win
BUZZ-India's Asian Energy Services hits 18-month high on order win ** Shares of India's Asian Energy Services ASIE.NS rise 4.33% to 384.40 rupees, hitting their highest level since December 24, 2024
** Co secures a 1.88 billion-rupee ($19.85 million) contract from Gujarat State Electricity Corp to upgrade coal handling plant at Ukai Thermal Power Station
** Project will be executed over two to three years and add to revenue visibility, co says
** YTD stock up 38.42%
($1 = 94.6975 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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India's Asian Energy Services hits 18-month high on order win