India's BGR Energy jumps on order win

BGR Energy Systems

09/01/2020 06:12

** Shares of Indian power infrastructure co BGR Energy Systems
Ltd  BGRE.NS  rise as much as 15.5% to their highest in over
three weeks at 40.5 rupees
    ** Co gets order worth 2.24 bln rupees ($31.37 mln)
 urn:newsml:reuters.com:*:nFWN29D0NO
    ** Order from southern Indian state Tamil Nadu's power
corporation; contract expected to complete in 18 months
    ** More than 800,000 shares traded, twice of 30-day moving
avg of about 400,000 shares


($1 = 71.3950 Indian rupees)

 (Reporting by Derek Francis in Bengaluru)
 ((derek.francis@thomsonreuters.com; +91-9986311363 and
@derekfrancis089 on Twitter;))