India's Premier Energies rises 17% after $25.6 mln order win

Premier Energies

05/09/2024 10:12

** Shares of Premier Energies  PEME.NS  rise as much as 17%
to 984.90 rupees
    ** The solar cell and module maker says it has won order
worth 2.15 bln rupees ($25.6 mln)
    ** Co says order is from the Uttar Pradesh Department of
Agriculture for supply, installation, commissioning of solar
water pumping systems 
    ** PEME got listed on the NSE on Sept. 3, where its shares
debuted at 990 rupees, more than double its issue price 
    
   ($1 = 83.9560 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))