India's Moschip Technologies jumps 5% max limit on 5.09 bln rupee deal

Moschip Technologies

03/07/2024 10:45

** Shares of chip designer Moschip Technologies  MOSC.BO 
jumps an exchange-allowed maximum 5% to 289.35 rupees 
    ** Co partners with Centre for Development and Advanced
Computing, Socionext for a deal worth 5.09 bln rupees ($60.9
mln)
    ** Deal for design, development of high performance
computing processor 
    ** Including session's gains, stock is up over 203% YTD 

($1 = 83.5315 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))