SGL Resources Limited Secures Major Order Worth ₹8.43 Crore from Jamnagar Municipal Corporation

SGL Resources Limited (BSE: 526544), a leader in geospatial technology and software solutions, has announced a significant contract win from the Jamnagar Municipal Corporation (JMC). The domestic order is valued at ₹8.43 Crore.

The project will be managed by the Project and Planning Branch of the Jamnagar Municipal Corporation.

This contract represents a substantial scale-up for SGL Resources, marking a significant entry into large-scale e-governance and municipal planning projects. The development of a "specially enabled web portal" suggests a sophisticated, high-tech solution likely integrated with the company's core GIS (Geographic Information System) capabilities to assist JMC in urban planning, project tracking, or citizen services.

Winning a government contract of this magnitude reinforces SGL's position as a trusted partner for public sector digital transformation.

Shares of SGL Resources LTD. was last trading in BSE at Rs. 3.38 as compared to the previous close of Rs. 3.23. The total number of shares traded during the day was 431996 in over 176 trades.

The stock hit an intraday high of Rs. 3.39 and intraday low of 3.07. The net turnover during the day was Rs. 1433693.00.

Source : Equity Bulls

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