SKS Technologies set for best week in over two months on contract awards, revenue upgrade

SKS Technologies

06/02/2026 04:50

** Shares of Australia's SKS Technologies SKS.AX rise 12.2% to A$3.96 so far this week, on track for its biggest weekly gain since the week-ended November 28

** Stock rises 3.4% on the day

** Electrical technologies firm on Thursday announced contract awards totalling A$60 million ($41.62 million) which include package for data centre project and services for corporate clients

** Sees FY26 revenue to increase to A$340 million from the November forecast of A$320 million

** SKS down 1.7% YTD

($1 = 1.4415 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))