Asia
Onward Technologies Bags Engineering Services Contract Worth INR330 Million; Shares Jump 11%
Onward Technologies (NSE:ONWARDTEC, BOM:517536) has secured an order worth 330 million Indian rupees from an undisclosed power management company, according to a Thursday filing to the Indian stock exchanges.The company's shares surged nearly 11% in recent trade.The engineering services contract is for launching a dedicated offshore development center to enable faster execution towards supporting their data center business unit.The project is expected to be executed in three years.The company's shares surged nearly 11% in recent trade.
BOM:517536NSE:ONWARDTEC
