Australia's Ventia Services rises on bagging $113 million contracts
19/08/2026 06:33
BUZZ-Australia's Ventia Services rises on bagging $113 million contracts ** Shares of Australia's Ventia Services VNT.AX rise as much as 1.7% to A$5.900, biggest intraday pct gain since August 5
** Construction and engineering firm receives two Intelligent Transport Systems contracts from Head Transport for Victoria, Australia, to deliver maintenance services across central and eastern Victoria
** Contracts have a combined estimated value of about A$160 million ($113.15 million) over an initial five-year term, with extension options of up to a further four years
** Under the contracts, VNT will provide maintenance services across traffic signals and others
** YTD, stock down nearly 2.3%, including session's moves
($1 = 1.4140 Australian dollars)
(Reporting by Subhalakshmi Dey in Bengaluru)
Recent news on Ventia Services
See all newsAustralia's Ventia Services rises on bagging $113 million contracts
Brief: Ventia Services Group Says Awarded Two Intelligent Transport Systems Contracts In Victoria
Brief: Ventia Services Announces Appointment Of New Managing Director And Group CEO
Australia's Ventia Services hits record high after Morningstar lifts fair value
Morningstar lifts Australia's Ventia fair value, says stock somewhat overvalued