BUZZ-SKS Technologies set for best week in over two months on contract awards, revenue upgrade
Reuters
Feb 06
BUZZ-SKS Technologies set for best week in over two months on contract awards, revenue upgrade
** Shares of Australia's SKS Technologies SKS.AX rise 12.2% to A$3.96 so far this week, on track for its biggest weekly gain since the week-ended November 28
** Stock rises 3.4% on the day
** Electrical technologies firm on Thursday announced contract awards totalling A$60 million ($41.62 million) which include package for data centre project and services for corporate clients
** Sees FY26 revenue to increase to A$340 million from the November forecast of A$320 million
** SKS down 1.7% YTD
($1 = 1.4415 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))
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