India's Insolation Energy jumps 9.6% on 5 bln-rupee order

Insolation Energy

30/10/2024 06:48

** Shares of Insolation Energy  INSN.BO  rise 9.6% to 3,638
rupees, set for their best day in three weeks
    ** Solar panel maker gets contract valued at 5.01 bln rupees
(nearly $60 mln) from Rajasthan Renewable Energy Corp
    ** Order for supply of rooftop solar PV power products
    ** Busiest session in two weeks, with ~27,000 shares traded
    ** Stock has jumped more than four-fold so far this year
 
 ($1 = 84.0800 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))