India's Tera Software heads for best day in 2 mths on $53 mln order

Tera Software

30/09/2021 07:56

** Shares of Indian IT services provider  TERA.NS  rise as
much as 5% to 52.50 rupees, biggest intraday jump since July 22
    ** TERA says co got a work order worth 3.96 bln rupees
($53.3 mln) from electricity distribution service providers in
the north Indian state of Uttar Pradesh  urn:newsml:reuters.com:*:nFWN2QV11H
    ** Order for door-to-door meter reading and spot billing
services
    ** TERA provides range of services including registration of
land records, spot billing system and computer education in
schools
    ** About 29,719 shares change hands vs 30-day avg of 21,009
- Refinitiv data
    ** Shares locked at upper circuit, at 5%
    ** TERA shares down 12.3% YTD, as of last close
    
    
    ($1=74.26 rupees)

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (Within U.S.
1-646-223-8780, Outside U.S. +91 8067496031); Reuters Messaging:
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