India's Ramky Infrastructure rises on 2.15 bln-rupee order win

Ramky Infrastructure

26/12/2024 04:04

** Shares of Ramky Infrastructure  RAMK.NS  up 4% at 628
rupees
    ** Construction and infra development co on Tuesday said it
got a letter of acceptance from Hyderabad Metropolitan Water
Supply and Sewerage board for 5-year contract
    ** The contract, valued at 2.15 bln rupees (~$25 mln), is
for operations and maintenance
    ** Stock down ~21% YTD, heading for first annual drop in
five years

($1 = 85.2360 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))