India's Asian Energy Services rises after 1.48-bln-rupee order win

Asian Energy Services

18/06/2024 09:32

** Shares of Asian Energy Services  ASIE.NS  rise as much as
3.7% to 290 rupees, last up 1%
    ** Co, which provides services in the energy and minerals
sector, secures contract worth about 1.48 bln rupees ($17.7 mln)
for coal evacuation system in southern Indian state of Telangana
    ** Trading vol is 3.4x 30-day daily avg
    ** Stock up 4.4% YTD 
    ** Stock up 4.2% so far this quarter, on track for seventh
straight quarterly gains

($1 = 83.4133 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))