India's Sigma Advanced Systems gains on Rolls-Royce aero parts contract
** Defense systems maker Sigma Advanced Systems SIGD.NS shares rise 5% to 248.49 rupees
** Co signs a seven-year deal with Rolls-Royce RR.L worth nearly 300 mln pounds (~$406 mln) to supply safety-critical aerospace parts
** SIGD "steadily moving closer to the core of the aerospace supply chain," CEO Sunil Kalidindi says
** SIGD holds a trailing 12-months PE of -92.29 compared to industry median of 39.63
** YTD, SIGD up 32%
($1 = 0.7383 pounds)
(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.Parmar@thomsonreuters.com;))
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