{"id":43757,"date":"2023-08-02T23:15:07","date_gmt":"2023-08-03T03:15:07","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/cyanconnode-shares-rise-on-supply-order-in-india\/"},"modified":"2023-08-02T23:15:09","modified_gmt":"2023-08-03T03:15:09","slug":"cyanconnode-shares-rise-on-supply-order-in-india","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=43757","title":{"rendered":"CyanConnode Shares Rise on Supply Order in India"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230802-702555\" role=\"document\">\n<p>By Michael Susin<\/p>\n<pre><\/pre>\n<p>Shares in CyanConnode Holdings jumped after the group said it has received an order for 300,000 Omnimesh modules from IntelliSmart Infrastructure&#8217;s subsidiary Dakshin Gujarat Smart Metering in India.<\/p>\n<p>Shares at 0841 GMT were up 1.5 pence, or 11%, at 15.25 pence.<\/p>\n<div class=\"paywall\">\n<p>The U.K. smart-metering company will also provide hardware, software and maintenance services as part of the order, it said.<\/p>\n<p>Financial details of the order weren&#8217;t disclosed.<\/p>\n<p>Supply of the modules is expected to start during the third quarter of 2024, while the support and maintenance contract will be in effect for a period of seven-and-a-half years after the go-live stage.<\/p>\n<p>It is the second order CyanConnode has received under a strategic framework agreement for 3 million modules signed in February. To date, the total number of modules ordered under the agreement has reached 900,000.<\/p>\n<pre><\/pre>\n<p>Write to Michael Susin at michael.susin@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/cyanconnode-shares-rise-on-supply-order-in-india-7733fab?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michael Susin Shares in CyanConnode Holdings jumped after the group said it has received an order for 300,000 Omnimesh modules from IntelliSmart Infrastructure&#8217;s subsidiary Dakshin Gujarat Smart Metering in India. Shares at 0841 GMT were up 1.5 pence, or 11%, at 15.25 pence. The U.K. smart-metering company will also provide hardware, software and maintenance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-43757","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CyanConnode Shares Rise on Supply Order in India | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Michael Susin Shares in CyanConnode Holdings jumped after the group said it has received an order for 300,000 Omnimesh modules from IntelliSmart\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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