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PRITIKAUTO — Pritika Auto Industries News Story

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India's Pritika Auto Industries gains after unit signs solar power supply pact

BUZZ-India's Pritika Auto Industries gains after unit signs solar power supply pact 

** Shares of India's Pritika Auto Industries PITI.NS rise as much as 2.3% to 17.72 rupees

** Auto components maker says unit Pritika Engineering Components signed MoU with Spark Grid for supply of solar power for 25 years

** Adds the long-term solar power arrangement is expected to generate savings of about 1.1 billion rupees ($11.52 million) for Pritika Group of Industries over 25 years

** Stock up 29.6% YTD


($1 = 95.4550 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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