Ceinsys Tech Ltd receives LoA from MMRDA for order worth Rs. 15.95 crores

Ceinsys Tech Limited has received a Letter of Award (LoA) from Mumbai Metropolitan Region Development Authority ("MMRDA") for "Appointment of Agency for Upgradation and Procurement of ESRI ArcGIS Software Products Enterprise Agreement at MMRDA" amounting to INR 15,95,00,000/- (INR Fifteen Crores Ninety-Five Lakhs Only) excluding GST.

The order is for 4 years which includes license delivery and O & M support for 16 quarters (4 years) after license activation.

Shares of Ceinsys Tech Ltd was last trading in BSE at Rs. 1604.60 as compared to the previous close of Rs. 1622.10. The total number of shares traded during the day was 30879 in over 1321 trades.

The stock hit an intraday high of Rs. 1639.95 and intraday low of 1591.70. The net turnover during the day was Rs. 49635838.00.

Source : Equity Bulls

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