India's Prostarm Info Systems gains after winning energy storage contract

Prostarm Info Systems

05/09/2025 10:25

** Shares of Prostarm Info Systems PRON.NS up 10% to 207.3 rupees, their biggest intraday pct-gain in about three weeks

** Energy storage firm wins Karnataka Power Transmission Corp contract to set up 150 MW/300 MWh battery storage system at rental of 254,000 rupees ($2,902.66)/MW/month

** More than 3.3 mln shares traded so far, more than 2x 30-day avg

** Stock up 72.7% since its June debut

($1 = 87.5060 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))