Ceinsys Tech Ltd announces extension of Letter of Award from MSRDC Tunnel Limited

Ceinsys Tech Limited has been awarded further extension of time for implementation of Digital Project Management System for Mumbai Pune expressway (MPEW) Missing Link (ML) project from MSRDC Tunnel Limited for System Integrator for supply, implementation and support of digital project management platform including 5D-BIM, ERP, GIS system & establishment of Owner's support office for MPEW - ML project amounting to Rs. 12,06,17,194. 71 (Twelve Crore Six Lakhs Seventeen Thousand One Hundred Ninety-Four and Seventy-One Paisa Only) excluding GST.

This is an extension to the existing order, the Company received from MSRDC Tunnel Limited in FY 20-21 and extension received in FY 22-23.

Shares of Ceinsys Tech Ltd was last trading in BSE at Rs. 1127.00 as compared to the previous close of Rs. 1088.45. The total number of shares traded during the day was 35736 in over 1802 trades.

The stock hit an intraday high of Rs. 1133.80 and intraday low of 1105.15. The net turnover during the day was Rs. 40094198.00.

Source : Equity Bulls

Keywords

CeinsysTech INE016Q01014 Extension Contract LoA MSRDCTunnel