Onward Technologies Ltd receives Engineering Services Contract worth Rs. 33 crores

Onward Technologies Limited has entered into an engineering services contract, to launch Dedicated Offshore Development Centre (ODC) for a leading global power management Company. The aggregate contract value is approximately ₹33 Crore (Rupees Thirty-Three Crore only) over a period of 3 years. This dedicated R&D capacity would enable faster execution towards supporting their Data Center Segment/Business Unit.

Shares of Onward Technologies Limited was last trading in BSE at Rs. 269.45 as compared to the previous close of Rs. 256.80. The total number of shares traded during the day was 3327 in over 184 trades.

The stock hit an intraday high of Rs. 270.10 and intraday low of 256.60. The net turnover during the day was Rs. 885663.00.

Source : Equity Bulls

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