India's Compucom Software at nearly 2-month high on winning govt contract

Compucom Software

05/04/2023 06:51

** Shares of Compucom Software Ltd  CMPU.NS  rise as much as
8.9% to 20.25 rupees, their highest since Feb 6 
    ** The online learning solutions firm says it received an
order worth 597.7 mln rupees ($7.27 mln) from the govt of the
north-western state of Rajasthan for supply of technology and
technical training in state-run schools 
    ** Stock trading above its 50- and 100-day moving averages
    ** Trading volume at ~131,400 shares, 1.6x the 30-day avg of
~81,600 shares 
    ** Up to last close, stock down 7.7% this year

     ($1 = 82.1830 Indian rupees)

 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))