India's PDS rises after contract win from US retailer

PDS

07/04/2026 05:06

** Shares of PDS Ltd PDSL.NS rise as much as 11.8% to 321.65 rupees

** Fashion infra co secures sourcing mandate from an unidentified U.S. value retailer

** Adds, contract expected to drive sourcing volumes of about $50 mln with potential to scale up gradually

** Stock on track to gain for 4th session

** More than 753,000 shares traded as of 9:32 A.M. IST, 5.5x 30-day moving avg

** PDSL last up 8.9%, cutting YTD losses to 22.9%

(Reporting by Meenakshi Maidas in Bengaluru)

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