Positron Energy Wins Bid for 100,000 MMBTU Spot LNG Supply
India, Sept. 16 -- The Gujarat-based gas aggregator has picked up another spot LNG tender, extending a run of contract wins that's stretched across the past several months. The deal, won through competitive bidding, covers supply through September and is valued in the tens of crores. It arrives just after a solid half-yearly showing on revenue, profit and order-book growth which is probably the more interesting story, honestly. This latest win doesn't change the trajectory so much as confirm it.
Shares of Positron Energy Ltd are trading at Rs. 171.60, down 1.77 percent on Wednesday. The stock touched the intraday high of Rs. 178.95 after opening at Rs. 174.00 before slipping to a low of Rs. 171.60. The company commands a market capitali...
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