India's Trigyn Technologies jumps on UN contract extension

Trigyn Technologies

08/06/2023 07:09

** Shares of Trigyn Technologies  TRIG.NS  surge as much as
7.2% to 114.4 rupees, their highest since May 30
    ** The IT solutions co says the contract of unit Trigyn
Technologies Inc with United Nations for provision of
information and communication technology staffing support at UN
missions has been extended for six months
    ** Says the Not-To-Exceed Amount (NTE) to be made by United
Nations under contract revised to $259.8 million
    ** Shares on track for a second straight day of gains, if
trend holds
    ** More than 385,000 shares traded, 1.4x the 30-day avg
    ** Stock up 13.2% this year, as of last close
    

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))