Australia's SML Corp climbs on Melbourne metro tunnel project contract

Synertec

07/09/2021 03:57

** Engineering services firm's shares  SOP.AX  rise as much
as 5% to A$0.11, best day since Aug. 19
    ** Company says it has got a contract from Metro Trains
Melbourne and Rail Systems Alliance  urn:newsml:reuters.com:*:nFWN2Q805A
    ** Contract to provide advanced control and monitoring
system for operation of Melbourne's new A$11 bln metro tunnel
project
    ** Stock hits highest since Aug. 26
    ** Company's shares up 56.3% YTD, as of last close

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com))