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INA — Insolation Energy News Story

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India's Insolation Energy surges on $58.5 million order win

BUZZ-India's Insolation Energy surges on $58.5 million order win

** Shares of India's Insolation Energy INSN.NS surge 14.07% to 123.70 rupees

** Stock on track for biggest intraday percentage rise since listing on March 9

** Co's unit Insolation Green Energy Private has been awarded a contract worth 5.58 billion rupees ($58.46 million) by NTPC Renewable Energy, a wholly owned subsidiary of NTPC NTPC.NS

** Order for supply of solar PV modules

** Trading vols at 15.92 million shares, about 20 times the 30-day average of 760,392 shares

** Stock up 27.74% since debut on March 9



($1 = 95.4500 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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