India's Choice International jumps on $62.4 mln order win

Choice International

02/04/2024 09:01

** Shares of Choice International  CFSL.NS  up 5% to 294.25
rupees
    ** The diversified financial services co said that its unit
won a project worth 5.20 bln rupees ($62.4 mln)
    ** The project is for the development of a solar plant for
Jodhpur Vidyut Vitran Nigam in joint venture with Solar91
Cleantech
    ** The project is expected to entail a capex outflow of 1.52
bln rupees - CFSL 
    ** Stock on track for a third consecutive session of gains,
if trends hold
    ** More than 732,000 shares change hands by 1:18 p.m. IST,
1.4x the 30-day avg
    ** Including session's gain, stock up 27.9% YTD 


($1 = 83.3450 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))