India's Kotyark Industries jumps on tender win for biodiesel supply

Kotyark Industries

14/05/2024 06:10

** Shares of Kotyark Industries  KOTY.NS  rise as much as
7.1% to 1,420 rupees; last up 4.7%
    ** Biofuel maker receives tender to supply 7,851 kilolitre 
biodiesel worth 638.5 mln rupees ($7.7 mln) to oil marketing cos
    ** More than 46,000 shares change hands by 10:32 a.m. IST,
1.7x the 30-day moving avg
    ** KOTY on track for a third straight session of gains if
trends hold 
    ** Including session's gain, stock is up 42.2% YTD


($1 = 83.5075 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))