India's Oriana Power climbs after order win

Oriana Power

06/06/2025 09:30

** Oriana Power OIAN.NS rises 2.3% to 2,220 rupees, its highest since January 7

** Stock set to gain for a seventh straight session

** Electric utilities maker gets order for a solar photovoltaic project worth 986.3 mln rupees ($11.5 mln)

** Broader market set to snap two-week losing streak as RBI's 50 bps rate cut lifts growth expectations .BO

** Nifty 50 .NSEI up 0.9%

** OIAN, listed in 2023, has lost 4.1% so far this year

($1 = 85.7225 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))