The Abhayam(Abhaya) project of Andhra Pradesh was inaugurated Honourable Chief minister of AP Shri Jagan Mohan Reddy Garu on 23rd Nov 2020.
The project envisages installation of IoT device in over one lakh Autos across AP. The project was awarded to OTSI consortium through a tendering process by government of AP. Vedavaag is the main supply and maintenance parter of OTSI in executing this project that is estimated at a value of Rs 135cr. The project is first of its kind and has the potential to get replicated pan India.
Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs.28.65 as compared to the previous close of Rs. 27.65. The total number of shares traded during the day was 7815 in over 50 trades.
The stock hit an intraday high of Rs. 29.5 and intraday low of 27.75. The net turnover during the day was Rs. 219944.