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* Indian shares rise after recent drop; benchmarks Nifty 50 and Sensex up 0.3% and 0.7%, after posting their longest weekly losing run in six years in the previous session * Markets remain cautious-to-neutral as recent recovery attempts lack support, said Hitesh Tailor, technical research analyst at Choice Broking, add
Shares of Tega Industries rose 7.3% to 2,085 rupees after its unit won an order to design, manufacture and supply equipment worth 1.26 billion rupees ($13.16 million) from a domestic entity. The contract is for 14 months.