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ESCONET — Esconet Technologies News Story

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TechnologyHighly SpeculativeMicro CapMomentum Trap

India's Esconet Technologies jumps on 121 mln rupee order win

** Shares of Esconet Technologies  ESCN.NS  rise 3% to 335.65
rupees 
    ** Stock hit exchange-allowed maximum of 5% at 335.65 rupees
earlier in the session
    ** The IT services firm said it won two orders aggregating
to 121.2 mln rupees ($1.5 mln) for datacentre network equipment
installation and commissioning 
    ** At last close, stock has risen 16% since debut trade on
Feb. 23 



($1 = 83.6270 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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