CWD Ltd secures approx INR 8 Crore initial order for Smart Sensor-Based Weather Monitoring Solutions

CWD Limited (BSE: CWD), a leading innovator in smart technology solutions, is pleased to announce that it has received an initial order worth INR 8 crores from a Dominant Integrated Digital Services provider in India. This prestigious contract is for the design, development, and manufacturing of advanced smart sensor-based weather monitoring products, to be deployed across India.

This significant order marks a significant milestone in CWD's ongoing commitment to driving digital transformation through IoT and smart sensor technologies. The project has the potential to expand further, with the total deal value expected to reach over INR 40 crores as deployment scales nationwide.

Commenting on the development, Siddhartha Xavier, Joint MD stated: "We are extremely proud to have been chosen by one of India's most influential digital services providers for this landmark project. Securing this order is a testament to our team's expertise in smart sensor technologies and our commitment to delivering high-quality, innovative solutions. This partnership not only strengthens our position as a leader in the IoT space but also opens up exciting opportunities for growth, with the potential for this engagement to reach over INR 40 crores. We look forward to contributing to the digital infrastructure of the nation and supporting our client in their mission to deliver cutting-edge services across India."

This order further reinforces CWD Limited's reputation as a trusted partner for large-scale, missioncritical technology deployments. The company remains focused on leveraging its R&D capabilities to deliver next-generation solutions that empower businesses and communities across the country.

Shares of CWD Limited was last trading in BSE at Rs. 1199.65 as compared to the previous close of Rs. 1199.00. The total number of shares traded during the day was 1800 in over 18 trades.

The stock hit an intraday high of Rs. 1224.20 and intraday low of 1170.00. The net turnover during the day was Rs. 2154510.00.

Source : Equity Bulls

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