South West Pinnacle rises on Reliance contract extension

South West Pinnacle Exploration

07/07/2026 07:31

** Shares of India's South West Pinnacle Exploration SWPI.NS rise 1.5% to 223.01 rupees
** Co says Reliance Industries RELI.NS extended contract worth over 1.67 billion rupees ($17.52 million) for coal bed methane drilling in Madhya Pradesh
** More than 244,724 shares change hands by 11:45 a.m. IST vs 30-day avg of 558,275 shares
** Stock up 15.8% YTD 
     

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))