India's Kay Cee Energy & Infra jumps on order win

Kay Cee Energy & Infra

22/07/2024 08:35

** Shares of Kay Cee Energy & Infra  KAYR.NS  hit upper
circuit, climbs 5% to 355.75 rupees
    ** Construction firm won order worth 196 mln rupees ($2.3
mln)
    ** Stock up 6.6X the IPO issue price of 54 rupees; KAYR made
market debut on Jan. 5
    ** Rival Ekansh Concepts  EKAN.BO  down 13% in the same
period

($1 = 83.6508 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))