India's Concord Enviro Systems jumps after unit gets 160 million rupees order
16/06/2026 06:16
BUZZ-India's Concord Enviro Systems jumps after unit gets 160 million rupees order ** Shares of utilities company Concord Enviro Systems COND.NS rise 15% to 309.15 rupees
** Co's fully-owned unit Rochem Separation Systems (India) Pvt Ltd secures order worth 160 million rupees ($1.7 million)
** Order, signed with an undisclosed integrated steel manufacturer, will be executed over the next 12 months
** Concord says it expects the order to strengthen its consolidated order book, contributing positively to revenue
** Stock on track for highest one-day jump in two years; volumes at 373,609 shares, about 5.5 times the 30-day avg
** YTD, stock down 31.65%
($1 = 94.6425 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
Recent news on Concord Enviro Systems
See all newsBrief: Concord Enviro Systems Sept-Quarter Consol Net Loss 41 Million Rupees
Brief: Concord Enviro Systems Says Unit Receives Orders Totaling 142.5 Million Rupees From Pv Modules Manufacturer
Brief: Concord Enviro Systems Appoints Shleshank Laheri As Chief Financial Officer
India's Concord Enviro Systems slips after quarterly loss
Brief: Concord Enviro Systems June-Quarter Consol Net Loss 175.7 Million Rupees