India's Dhruv Consultancy rises on getting LOA for 5.5 mln rupees
** Shares of Dhruv Consultancy Services DHUR.NS rise as
much as 15% to 57.40 rupees, their highest since March 20
** Co on Wednesday received LOA from Bihar State Road
Development Corp
** Contract amount of 5.5 million rupees ($67,335.95) for
period of 6 months
** About 54,600 shares change hands by 1:14 p.m. IST, 1.4x
the 30-day avg - Refinitiv Data
** Stock trading above its 50-day exponential moving
average, but below 100- and 200-day avgs
** Stock last up 5.2%, cutting YTD losses to 4%
($1 = 81.6800 Indian rupees)
(Reporting by Priya Sagar in Bengaluru)
((Priya.Sagar@thomsonreuters.com))
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