MSTC up on contract to conduct liquor license auctions in Indian state

MSTC

29/10/2025 08:40

** Shares of India's MSTC MSTC.NS rise 3% to 549 rupees

** The state-owned digital services co said it signed a selling agency agreement with the southern Indian state of Karnataka

** Co to conduct e-auctions for granting liquor shop licenses in the state under the pact

** Stock on track to gain for the first session in five

** Trading vols ~923k shares, nearly 3x the 30-day avg

** YTD, stock down 19%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))