India's Inox Green Energy up on order win from NLC India

Inox Green Energy Services

21/08/2023 06:20

** Shares of Inox Green Energy Services  INOG.NS  up as much
as 3.7% to 69.35 rupees
    ** Wind power operation and maintenance (O&M) service
provider said its unit received an order from NLC India
 NLCI.NS 
    ** Contract for O&M, including power evacuation system, with
a revenue realisation of ~400 mln rupees ($4.8 mln) 
    ** INOG on track to rise for second straight session, if
gains hold
    ** Over 1.2 mln shares change hands by 10:44 a.m. IST, 0.3x
the 30-day moving avg 
    ** As of last close, stock up ~40% so far this year 



($1 = 83.0950 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))