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TAMAGAWA HOLDINGS rises for fourth straight day on acquisition of grid-scale energy storage facility
TAMAGAWA HOLDINGS CO.,LTD. <6838> shares extended gains for a fourth straight day on Tuesday. The rally followed a post-market announcement on Monday that its subsidiary, Tamagawa Energy, will acquire a grid-scale energy storage facility. The facility is scheduled to connect to the grid in July, followed by a review process to enter the supply-demand adjustment market, where the company aims for an early launch of operations. The announcement sparked strong buying interest in the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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