Tera Software Limited Secures Rs. 273.12 Crore Contracts for Meter Reading & Bill Collection Services, share hit 2% UC

Summary: 

Tera Software Limited has received Letters of Intent (LOIs) worth Rs. 273.12 Crores (excluding GST) for providing Door-to-Door Meter Reading, Spot Bill Generation, Bill Distribution, and Bill Collection Services across multiple regions. The contracts are to be executed within two years.

Stock Performance:

  • Following the announcement, Tera Software Limited’s share price surged by 2%, hitting the upper circuit at Rs. 188.70.
  • Market Capitalization: Rs. 236.10 Crores. 


Key Details of the Contract:

  • Number of Contracts: 3

  • Total Project Value: Rs. 273.12 Crores (excluding GST)

  • Project Duration: 2 years for completion

  • Scope: Door-to-Door Meter Reading, Spot Bill Generation, Bill Distribution, and Bill Collection Services across designated regions

Breakdown of Contracts:

  1. Cluster-09 – Lucknow Central, Devipatan, and Raibareilly Distribution Zones of MVVNL: Rs. 90.06 Crores

  2. Cluster-05 – Agra, Firozabad, and Kanpur-2 Distribution Zones of DVVNL: Rs. 75.40 Crores

  3. Cluster-12 – Azamgarh and Basti Distribution Zones of PuVVNL: Rs. 107.65 Crores

About the Company:

Incorporated in 1994, Tera Software Ltd is in the business of IT & Integrated related services.

📢 Disclaimer:

The information provided on Equity Insights Hub is for educational and informational purposes only. We do not provide financial or investment advice. Readers are advised to consult a SEBI-registered financial advisor before making any stock market decisions. Equity Insights Hub is not responsible for any financial losses.


Stay updated with the latest market news and stock movements! Follow our blog for more exclusive updates and insights. 

Comments

Post a Comment

Popular Stocks

Sahaj Solar Limited Announces 1:1 Bonus Issue, Stock Rises 9.2%

Image
Summary: Sahaj Solar Limited has declared a 1:1 bonus issue , setting April 2, 2025 , as the record date for determining eligible shareholders. The deemed allotment date is April 3, 2025. Stock Performance: The stock surged 9.2% intraday , hitting a high of Rs. 396.95 following the announcement. Market Cap : Rs. 433.95 Cr.   Key Data Points: Company: Sahaj Solar Limited Bonus Ratio: 1:1 (One new fully paid-up share for every one existing share) Face Value:  Rs.10 per share Record Date: April 2, 2025 Allotment Date: April 3, 2025 About the Company: Incorporated in 2010, Sahaj Solar Ltd manufactures solar energy based products and provides EPC services 📢 Disclaimer: The information provided on Equity Insights Hub is for educational and informational purposes only. We do not provide financial or investment advice. Readers are advised to consult a SEBI-registered financial advisor before making any stock market decisions. Equity Insights Hub is not responsible for any finan...
Read more

GPT Infraprojects Secures Rs. 481.11 Crore Railway Contract; Stock Surges Over 10%

Image
Summary GPT Infraprojects Limited (GPTINFRA) has bagged a significant contract worth Rs. 481.11 crore from the South Eastern Railway. The project involves the construction of an important bridge over the Rupnarayan River and the development of an elevated platform at Kolaghat Station on the Howrah-Kharagpur route.  Stock Performance Following the announcement, GPT Infraprojects Limited  ’s stock surged by 10%, rising  Rs. 132.30  Market Capitalization: Rs. 1,657.27 Crore. Key Details of the Contract Awarding Authority: CAO Construction, South Eastern Railway, Kolkata Contract Value: Rs. 481.11 Crore Project Scope: Construction of Important Bridge No. 57 over River Rupnarayan Bridge configuration: 2x30.5m OWG + 7x91.4m OWG + 2x30.5m OWG Viaduct on either approach: 11x30.5m Composite Girder + 15x30.5m Composite Girder Development of Kolaghat Station on an elevated platform (Platform No. 1 & 2) Located on the diverted alignment of the Howrah-Kharagpur route Proje...
Read more

Krystal Integrated Services Shares Rise 6.5% After Securing Rs.103.85 Crore Mumbai Monorail Contract

Image
Summary: Krystal Integrated Services Limited has received a contract from Maha Mumbai Metro Operation Corporation Limited for providing Customer Support Associates and Supervisors at Mumbai Monorail stations. The total contract value, including GST, is Rs . 103.85 crore . Stock Performance: The stock surged 6.5% intraday , reaching a high of Rs . 505.95 following the announcement. Market Cap : Rs. 698.18 Cr. Key Data Points: Company: Krystal Integrated Services Limited Order Value:  Rs.103.85 crore (including GST) Client: Maha Mumbai Metro Operation Corporation Limited Project: Provision of Customer Support Associates & Supervisors at Mumbai Monorail stations About the Company: Krystal Integrated Services is an integrated facilities management service (FMS) company, with a focus on healthcare, education, and public administration. 📢 Disclaimer: The information provided on Equity Insights Hub is for educational and informational purposes only. We do not provide financia...
Read more