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PREMIERENE Premier Energies News Story

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EnergySpeculativeLarge CapMomentum Trap

India's Premier Energies bucks wider market weakness on order wins

** Shares of India's Premier Energies  PEME.NS  rise 1.6% to
1,093 rupees, set to extend gains to fourth straight session
** Co said its units received multiple orders totalling 5.6 bln
rupees ($66.6 mln) for supplying solar modules and cells 
** B smallcaps  .NIFSMCP100  and midcaps  .NIFMDCP100  down 2%
and 1.5% respectively  .BO  
    ** Trading vols 2.7 mln shares vs 30-day avg of 2.4 mln
shares
    ** Since listing in early September, stock has gained 30% 
    ($1 = 84.1100 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)
((mailto:Hritam.Mukherjee@thomsonreuters.com;))

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