India's NITCO jumps after 500 mln-rupee order win

Nitco

16/01/2025 06:35

** NITCO  NCOT.NS  rises as much as 5% to 129.66 rupees; set
to gain for third straight day
    ** Tiles and marble maker secures a 500 mln-rupee ($5.8 mln)
order from Hindustan Associates for supply of tiles
    ** Says order split into ~40 mln rupees for Q4 of current
fiscal and ~460 mln rupees for FY26
    ** NCOT gained 299.3% in 2024 - its 2nd straight year of
gains

($1 = 86.4950 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))