Australia's Intelicare Holdings eyes best day in 8 months on bagging aged care contract

Intelicare Holdings

11/03/2026 23:57

** Shares of Australia's Intelicare Holdings ICR.AX rise as much as 60% to A$0.032, their biggest intraday pct gain since July 9, 2025

** Stock touches its highest level since September 29, 2025

** Tech firm says it signs agreement with aged care provider MECWA Limited

** Co says contract valued at A$8.8 million ($6.27 million)

** Adds that contract for deployment of the company's integrated analytics, alerts, sensor, and nurse call solution across MECWA's facilities

** Stock up 8.3% YTD, including the day's moves

($1 = 1.4031 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))