Australia's Duratec rises after company secures government infra contract

Duratec

06/05/2026 03:13

** Shares of Australia's Duratec DUR.AX rise as much as 4.1% to A$2.78, their biggest intraday pct gain since April 17

** The protection and refurbishment services contractor says it has been awarded A$68 million ($49.16 million) contract as part of the Clough BMD joint venture

** Says contract for construction and commissioning works at the Darwin Ship Lift facility in Australia

** Duratec stock up 42.1%, YTD

($1 = 1.3833 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))