India's Viviana Power Tech up 11% on orders worth $12.3 mln

Viviana Power Tech

03/04/2023 08:14

** Shares of power transmission and distribution co Viviana
Power Tech Ltd  VIVP.NS  rise as much as 11.3% to 76 rupees, its
largest intraday pct climb since Jan. 30
    ** Co says it won orders for total amount of 1.01 bln rupees
($12.3 million)
    ** Orders for development of distribution infrastructure
work for loss reduction, 66Kv underground cable laying ARC work,
and 33Kv transmission line restringing and sag correction work
    ** 8,000 shares traded as of 12:36pm IST, 0.6X the 30-day
moving average
    ** Stock has fallen 24.9% YTD as of last close
    
($1 = 82.3800 Indian rupees)
    

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com;))