India's Pavna Industries rises on state government contract
** Automotive parts manufacturer Pavna Industries PAVN.NS rises 2.85% to 41.5 rupees ** Co signs an MoU with Tamil Nadu state government to set up an auto components manufacturing facility ** Agreement to provide PAVN with government's support in facilitation and execution of the project ** YTD, PAVN down ~15.5% (Reporting by Ananta Agarwal in Bengaluru) ((Ananta.Agarwal@thomsonreuters.com))
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