India's Power Mech Projects hits over 3-week high on $276.86 mln order win
14/03/2022 07:07
** Shares of engineering and construction co POMP.NS rise
as much as 4.5% to 920 rupees, their highest since Feb. 18
** Co wins letter of award for project worth 21.20 bln
rupees ($276.86 mln) from central state Uttar Pradesh
urn:newsml:reuters.com:*:nFWN2VG00P
** Co will execute a ground water-based piped drinking
project, will be executed in 2120 villages
** About 136,000 shares change hands, nearly 6x 30-day avg
of 24,901
** Co shares down 3.5% so far this year, after gaining
116.8% last year
($1 = 76.5720 Indian rupees)
(Reporting by Nallur Sethuraman in Bengaluru)
((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))