BUZZ-Australia's Sprintex rises on three-year expansion deal in India

Reuters

2024/12/16

** Shares of Sprintex SIX.AX rise 4% to A$0.052, set for their best session since Dec 9, if gains hold

** The clean-air compressor manufacturer signs a three-year distributorship agreement with India-based pvt firm Euroteck Environmental for exclusive distribution of its G Series turbo blowers

** Euroteck has committed ~$4.6 mln towards the agreement

** Co has secured its first order worth $91,750

** Stock up 300% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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