India's Oriana Power hits record high after contract win

Oriana Power

10/04/2024 06:13

** Shares of Oriana Power  OIAN.NS  climb 10.4% to 1,085
rupees, hitting an all-time high for the second straight session
    ** Solar power equipment maker says it received contract for
solar power plant with 76.62 MW capacity; estimated development
cost is 3.25 bln rupees ($39.1 mln)
    ** Co on track to rise for third straight session; it has
gained ~22% in last two sessions
    ** More than 112,500 shares trade, already making Wed's
session its third busiest so far this month
    ** Stock has more than doubled YTD

($1 = 83.1975 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))