India's NITCO rises on order from Prestige Estates Projects

Prestige Estates Projects

17/12/2024 04:14

** Shares of NITCO Ltd  NCOT.NS  rise as much as 3.9% to 146
rupees  
    ** Tilemaker secures order valued at 1.05 bln rupees ($12.4
mln) from Prestige Estates Projects  PREG.NS  
    ** Says it also anticipates receiving orders worth 1.04 bln
rupees from PREG in near future 
    ** Stock on track to gain for the third straight day
    ** More than 131,000 shares traded as of 9:39 a.m. IST vs
their 30-day moving avg of 180,641 shares
    ** NCOT last up 2.5%, adding to YTD gains of 354%


($1 = 84.9010 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))