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Software & services

Touchstar jumps after contract win

Share price in the year so far has remained flat, up 1%, with a market cap of £6.5mln

Touchstar PLC (LSE:TST), the supplier of mobile data computing solutions and managed services, jumped 3% to 77.2p after it won a “substantial order.”

According to a statement, the contract was agreed with Petrochemical Distribution, its largest client, and is worth in excess of £1.5mln in its first year.

“Following this award, the company's order book stands at £2.3mln a significant increase on the £1mln reported in the company's interim results released on 15 September 2022,” it said.