India's Prostarm Info Systems rises on capacity addition plans

Prostarm Info Systems

08/07/2025 10:34

** Recently listed energy equipment manufacturer Prostarm Info Systems PRON.NS rises 5.07% to 163.9 rupees

** Co says it will establish its first battery energy storage system (BESS) manufacturing facility in the state of Haryana

** PRON has secured a 9-year lease of a land parcel for the same, with total capital expenditure planned at 250 million rupees ($2.92 million)

**  The plant will have an annual manufacturing capacity of 1.2 GWh, says co

** Stock, which listed on June 3, up more than 56% from issue price

($1 = 85.7525 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))