India's Innovision rises after order win from national highway authority
BUZZ-India's Innovision rises after order win from national highway authority ` ** Shares of business support services company Innovision Ltd IOVI.NS up 13.6% at 280.90 rupees, their biggest intraday pct jump since stock listed in March 2026
** Stock trading at its highest level in two weeks
** Company, on August 29, gets work order from the National Highways Authority of India (NHAI) worth 303.7 million rupees ($3.18 million)
** Contract to be executed in one year
** Order for toll collection and facility maintenance at Manambadi fee plaza in the southern state of Tamil Nadu
** YTD, shares down about 40%
($1 = 95.4350 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
Recent news on Innovision
See all newsBrief: Innovision Receives Letter Of Award For Order Worth 949.7 Million Rupees
Brief: Innovision Says Unit Aerodrone Robotics Receives Indian Army Order For 225 FPV Drones
Brief: Innovision Receives LoA For Order Worth 24 Million Rupees
Brief: Innovision Ltd Gets Two Letters Of Award (LoA) From National Highways Authority Of India
India's Innovision gains on NHAI orders