India's Compucom Software hits 2-month high on 580 mln rupees govt order

Compucom Software

01/09/2022 08:06

** Shares of IT company Compucom Software  CMPU.NS  rise as
much as 19.1% to 27.75 rupees, highest since June 21 
    ** CMPU says received a work order from Rajasthan Council
for School Education worth 580 mln rupees ($7.30 million)
 urn:newsml:reuters.com:*:nFWN3071OV
   ** Under the contract, CMPU will supply and install computer
systems, printer, UPS (uninterruptible power supply) and
networking, electrification and IT-based education, etc. to
information and communications technology computer labs of 398
government schools [https://bityl.co/E8Vk
]
    ** More than 1.1 mln shares change hands by 0649 GMT, vs
5.6x30-day avg of 194,000 
    ** Stock down 16.9% YTD up to last close



($1 = 79.4075 Indian rupees)

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