(Alliance News) - The following stocks are the best and worst performers on Italy Growth on Tuesday afternoon in Piazza Affari.

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WINNERS

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TrenDevice rises 15 percent and leads the list of small and medium-sized companies in Piazza Affari. The company launched a project to develop an innovative process aimed at enhancing its production capacity. In detail, the company installed an innovative line to speed up the different stages that make up the production process and implemented its capacity for action in the territory; upgraded its physical stores; and equipped itself with distributed information kiosks. Against a total investment by the company of EUR854,199.68, Invitalia has been awarded a plant account grant totaling EUR512,519 from the complementary "Enterprise and Competitiveness" program.

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Alfonsino's run does not stop, up 11 percent after the stock has rallied significantly since the publication of preliminary FY 2022 figures that showed clear growth for the company.

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Askoll EVA also did well, up 10 percent after reporting last night that it has received a new order from Esprinet for 500 Askoll ULTRA C90A and 500 Sigma Smart Control Center motors that will be mounted on the new K2 MID e-mountain bike model from Nilox, a brand of the Esprinet Group that is among the best-known and most popular in the outdoor technology market. Delivery is scheduled by the first half of 2023, with a total value of about EUR245,000.

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LOSERS

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Società Editoriale Il Fatto gives up 7.3 percent and ranks at the bottom of the list, bringing its decline over the last month to 16 percent, its decline over the last six months to 37 percent, and its decline over the last year to 51 percent.

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Ki Group falls 6.7 percent after allotting 30 million ordinary shares to Negma Group Investment, following the request for conversion of six bonds that were part of the first tranche subscribed by Negma and related to the convertible bond subscribed by the investor in June.

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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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