Laser Power & Infra wins $7.6 million in contracts from Power Grid

Laser Power & Infra shares rose as much as 3.64% to 277.5 rupees after the company said it secured contracts aggregating to 727.6 million rupees (about $7.6 million) from Power Grid for the supply of high temperature low sag (HTLS) conductors and reconductoring of transmission lines in India. The project is to be completed within 12 months.