Australia's SKS Technologies gains on securing data centre project

SKS Technologies

19/11/2025 02:06

** Shares of SKS Technologies SKS.AX rise as much as 5.6% to A$3.58, their highest level since November 6

** The electrical technology solutions provider securesA$130 million ($84.45 million) data centre project for works relating to a second facility for a major hyperscale data centre operator in Melbourne's west with Hickory Construction DC

** About 418,987 shares change hands, 1.1x the 30-day average volume

** YTD, stock up 84.2%, including the session's moves

($1 = 1.5394 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)

 ((mailto: Sherin.Sunny@thomsonreuters.com))