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CSM — CSM Technologies News Story

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India's CSM Technologies gains after unit secures World Bank-funded contract in Malawi

BUZZ-India's CSM Technologies gains after unit secures World Bank-funded contract in Malawi

** Shares of India's CSM Technologies CSMT.NS rise 4.9% to 106.08 rupees

** IT solutions provider said on Wednesday its unit CSM Tech won a 32.1 million-rupee ($333,264.12) contract funded by World Bank from Malawi's Public Private Partnership Commission

** Adds, contract is for consultancy services to design and commission an electronic auction platform

** Stock down 1.2% since listing on July 2



($1 = 96.3200 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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