India's Techno Electric up on order win from RailTel Corp

Techno Electric & Engineering

02/09/2024 10:17

** Shares of power-infrastructure co Techno Electric &
Engineering  TEEC.NS  rise as much as 3.8% to 1,698 rupees
    ** TEEC says it has won contract from state-backed telecom
infrastructure provider RailTel Corporation of India  RAIT.NS 
to develop edge data centers in 102 cities across India
    ** Share price of TEEC above 50-day, 100-day and 200-day
exponential moving averages since March 26
    ** Stock fell 4.2% in August, snapping five straight months
of gain
    ** Stock up 105.1% YTD



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))