Dhruv Consultancy Service Ltd consortium receives LOA

Dhruv Consultancy Service Limited - Infovibe Ventures Private Limited Consortium has received the Letter of Acceptance ("LOA") for the work of "conducting Traffic Surveys at identified locations in Zone - 3 (in the States of Rajasthan and Haryana) using Portable Automatic Traffic Counter & Classifier (ATCC) Systems along with videography for period of 01 year, extendable up to additional 01 at sole discretion of IHMCL, as per terms and conditions specified in the RFP & its Corrigendum" from the Indian Highways Management Company Limited, ("the Authority") having reference No. IHMCL/Traffic-Survey/ATCC/2022/E-137248/ dated October 27, 2022, as received on October 27, 2022 directly by the company i.e. Dhruv Consultancy Services Limited.

Fees for the said Project will be Rs. 5,65,61,400 /- exclusive of GST (Rupees Five Crore Sixty Five Lakhs and Sixty-One Thousand and Four Hundred only)

Shares of Dhruv Consultancy Services Ltd was last trading in BSE at Rs. 58.00 as compared to the previous close of Rs. 58.40. The total number of shares traded during the day was 1050 in over 25 trades.

The stock hit an intraday high of Rs. 59.95 and intraday low of 57.20. The net turnover during the day was Rs. 60950.00.

Source : Equity Bulls

Keywords

DhruvConsultancyServices INE506Z01015 Consortium LOA