India's Compucom Software rises most in over 7 months on $2 mln order win

Compucom Software

22/03/2023 04:36

** Shares of Compucom Software Ltd  CMPU.NS  up as much as
19.7% to 18.50 rupees, their biggest intraday pct gain since Aug
8, 2022
    ** Stock of the IT company at highest level since Feb 10
    ** Co on Tuesday, after market hours, said it received
letter of acceptance (LOA) worth 182.7 mln rupees ($2.2 mln)
from Rajasthan Council for School Education
    ** The LOA is for supply and installation of computer
systems and related facilities under ICT Schools scheme
    ** Over 196,000 shares change hands, 4.9x the 30-day moving
avg 
    ** As of last close, stock down 23.3% this year

    ($1 = 82.6370 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))