BUZZ — India's Vikran Engineering rises after unit secures IREDA funding

* Shares of India's Vikran Engineering rise 12.9% to 62.85 rupees * Stock on track to snap four consecutive sessions of losses, if current trend holds * Stock posts its highest intraday percentage gain since April 8 * The construction and engineering company's unit NOPL Solar Projects signed facility agreement for term loan of up to 29.41 billion rupees ($308.82 million) with Indian renewable energy development agency (IREDA) * Financing for 35.18 billion rupees solar project has been finalized, enabling project execution, company says * Over 12.9 million shares traded, over 5.7x the 30-day avg * Stock down 37.18%, YTD ($1 = 95.2350 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)