Index International Surges 12% ATO after Signing THB162 Million Contract for Railway Project

The share price of Index International Group Public Company Limited (mai: IND) on October 25, 2022, at 10.50 Thai time, traded at THB1.77 per share, increased by THB0.09 or 5.36%. The highest level was at THB1.88 per share, and the lowest was at THB1.75, with trading a value of THB10,383.72 million.


IND jumped off at the opening bell on Tuesday as much as 11.90% after the announcement in pre-open market that the company had signed on a contract for construction supervision for a new railway line project, Den Chai-Chiang Rai-Chiang Khong, with the client, the State Railway of Thailand (SRT). The estimated contract value is 162,925,760 Baht (including VAT), with the project duration of approximately 95 months.