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COSYN hits 52-week high on order win from WBSEDCL

The stock hit high of Rs 187, surging 34% in past two trading sessions from Rs 140 on Friday, December 2

COSYN hits 52-week high on order win from WBSEDCL
SI Reproter Mumbai
Last Updated : Dec 05 2016 | 2:58 PM IST
COSYN (formerly CSS Technergy) has soared 17% to Rs 187, also its 52-week high on the BSE in intra-day trade after the company said it has bagged an order worth of Rs 34.44 crore from West Bengal State Electricity Distribution Company Limited (WESEDCL), Kolkata.

The duration of the project being three years, it added.

The stock of the company engaged providing information technology services has zoomed 34% in past two trading sessions from Rs 140 on Friday, December 2.

At 02:17 pm; the stock was up 16% to Rs 185, as compared to 0.42% rise in the S&P BSE Sensex. The trading volumes on the counter jumped more than three-fold with a 153,000 shares changed hands so far against an average 43,000 shares that were traded daily in past two weeks on the BSE.
 

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First Published: Dec 05 2016 | 2:20 PM IST

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