Vedavaag Systems Ltd receives oroder of Rs. 92 crore

Vedavaag Systems Limited, Hyderabad has received a work order for supply, installation and maintenance (for five years) of 1 lakh IOT devices that will be fitted in the public transport (three-wheelers) in the state of Andhra Pradesh. The estimated order value is around Rs 92 cr.

This is the pilot phase of ABHAYA Project, Government of Andhra Pradesh as part of the NIRBHAYA Project, an initiative of Government of India.

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs.28.45 as compared to the previous close of Rs. 28.15. The total number of shares traded during the day was 2680 in over 28 trades.

The stock hit an intraday high of Rs. 29.9 and intraday low of 28.25. The net turnover during the day was Rs. 77466.

Source : Equity Bulls

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