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NITCO Nitco News Story

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Consumer CyclicalsSpeculativeSmall CapMomentum Trap

India's NITCO rises after 450 million-rupee order win

** Shares of NITCO Ltd NCOT.NS rise as much as 3.8% to 135.4 rupees
** Tiles and marble maker gets a letter of intent from Prestige Estates Projects Limited PREG.NS for tiles worth ~450 million rupees ($5.2 million)
** Stock on track to gain for second straight session
** NCOT last up 2.7%, adding to YTD gains of 3.1%

($1 = 86.6730 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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