India's Patel Engineering rises on $28.7 mln project win

NHPC

20/09/2024 09:21

** Shares of Patel Engineering  PENG.NS  rise as much as 5%
to 60.40 rupees
    ** The civil engineering firm says it has been declared
lowest bidder for a hydropower project of 2.4 bln rupees ($28.7
mln) from NHPC  NHPC.NS  
    ** Stock on track to snap three consecutive sessions of
losses, if trend holds
    ** Stock last up 1.7%, cutting YTD losses to 2.6%




($1 = 83.5300 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))